ABYSS ASSETS AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-04-27; registry 2020-05-02; journal 2020 322163
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABYSS ASSETS AS. Revenue 20.29m NOK → 20.12m NOK (-0.8%). Net result +99.5k NOK → +1.40m NOK. Equity 1.35m NOK → 2.76m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; cogs moved.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +99.5k NOK → +1.40m NOK (net margin 0.5% → 7.0%). Calculated
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↑
Equity strengthened
Book equity 1.35m NOK → 2.76m NOK (equity ratio 20.9% → 53.9%). Calculated
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↑
Cash rose
Bank deposits 226.0k NOK → 637.3k NOK (+182.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 7.35m NOK → 5.82m NOK (36% → 29% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 20.29m NOK to 20.12m NOK (-0.8% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 7.22m NOK → 7.66m NOK (+6.1% YoY). Calculated