ABAR AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-08-16; registry 2020-08-19; journal 2020 685322
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABAR AS. Equity 4 010 NOK → -2 519 NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABAR AS.
At a glance
Scorecard
Equity
4 010 NOK
-2 519 NOK
-162.8%
Cash
9 913 NOK
481 NOK
-95.1%
Total assets
49.9k NOK
40.5k NOK
-18.9%
What deteriorated
-
↓
Equity eroded
Book equity 4 010 NOK → -2 519 NOK (equity ratio 8.0% → -6.2%). Calculated
-
↓
Cash fell
Bank deposits 9 913 NOK → 481 NOK (-95.1% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -6.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation