FirmaIQ
Org.nr 950 192 593 2017 → 2018 Year-over-year analysis

ABACUS FINANS AS: årsregnskap 2018 vs 2017

Mixed movements in the accounts

approved 2019-07-25; registry 2019-08-06; journal 2019 854135

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABACUS FINANS AS. Equity 21.60m NOK → 16.43m NOK.

Pressures included: equity eroded; cash fell.

Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for ABACUS FINANS AS.

At a glance

Scorecard

Revenue
n/m 146.9k NOK
—
Equity
21.60m NOK 16.43m NOK
-23.9%
Cash
24.94m NOK 13.38m NOK
-46.3%
Total assets
24.95m NOK 16.91m NOK
-32.2%

What deteriorated

  • ↓

    Equity eroded

    Book equity 21.60m NOK → 16.43m NOK (equity ratio 86.6% → 97.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 24.94m NOK → 13.38m NOK (-46.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 23.13m NOK → 21.42m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 1.38m NOK → 6.21m NOK. Calculated

  • ·

    Book investments changed

    Investment / intangible book value 635 NOK → 3 325 NOK. Reported fact