ABZ PERSONAL AS: årsregnskap 2019 vs 2018
Shrank 7% on revenue, weaker earnings
approved 2020-08-31; registry 2020-09-09; journal 2020 774502
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABZ PERSONAL AS. Revenue 25.38m NOK → 23.66m NOK (-6.8%). Net result +610.1k NOK → +59.9k NOK. Equity 1.63m NOK → 1.69m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABZ PERSONAL AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.63m NOK → 1.69m NOK (equity ratio 17.3% → 21.0%). Calculated
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↑
Cash rose
Bank deposits 2.63m NOK → 2.71m NOK (+3.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 20.70m NOK → 18.13m NOK (82% → 77% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 25.38m NOK to 23.66m NOK (-6.8% YoY). Calculated
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↓
Operating result weakened
Operating result +807.0k NOK → +96.8k NOK (op. margin 3.2% → 0.4%). Calculated
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↓
Net result weakened
Net result +610.1k NOK → +59.9k NOK (net margin 2.4% → 0.3%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 266.9k NOK → 242.7k NOK. Reported fact