ABZINT FRISØR AS: årsregnskap 2019 vs 2018
Shrank 9% on revenue, weaker earnings, fresh owner capital
approved 2020-05-30; registry 2020-07-28; journal 2020 637431
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABZINT FRISØR AS. Revenue 690.6k NOK → 629.9k NOK (-8.8%). Net result +71.2k NOK → +36.9k NOK. Equity -187.7k NOK → -150.8k NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. 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 ABZINT FRISØR AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -187.7k NOK → -150.8k NOK (equity ratio -56.0% → -42.4%). Calculated
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↑
Cash rose
Bank deposits 17.4k NOK → 81.1k NOK (+366.7% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose -187.7k NOK → -150.8k NOK (+36.9k NOK). Reported fact
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Payroll decreased
Salary cost 180.7k NOK → 661 NOK (26% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 690.6k NOK to 629.9k NOK (-8.8% YoY). Calculated
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↓
Operating result weakened
Operating result +129.8k NOK → 0 NOK (op. margin 18.8% → 0.0%). Calculated
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↓
Net result weakened
Net result +71.2k NOK → +36.9k NOK (net margin 10.3% → 5.9%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 52.6k NOK → 0 NOK. Reported fact