ABYSS AS: årsregnskap 2019 vs 2018
Grew 28% on revenue, stronger earnings
approved 2020-04-27; registry 2020-05-02; journal 2020 322109
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABYSS AS. Revenue 147.44m NOK → 188.96m NOK (+28.2%). Net result +5.80m NOK → +8.36m NOK. Equity 21.59m NOK → 33.01m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABYSS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 147.44m NOK to 188.96m NOK (+28.2% YoY). Calculated
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Net result improved
Net result +5.80m NOK → +8.36m NOK (net margin 3.9% → 4.4%). Calculated
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Equity strengthened
Book equity 21.59m NOK → 33.01m NOK (equity ratio 10.6% → 12.8%). Calculated
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Cash rose
Bank deposits 1.82m NOK → 1.95m NOK (+7.3% YoY). Calculated
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Owners injected capital
Paid-in equity rose 660.0k NOK → 720.0k NOK (+60.0k NOK). Reported fact
Things to notice
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Payroll increased
Salary cost 41.85m NOK → 49.61m NOK (28% → 26% of revenue). Calculated
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COGS moved
COGS / varekostnad 33.04m NOK → 47.67m NOK (+44.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 3.03m NOK → 1.59m NOK. Reported fact