Org.nr 990 330 441 2008 → 2009 Year-over-year analysis

ABE INVEST AS: årsregnskap 2009 vs 2008

Cash halved-plus

approved 2010-06-30; registry 2010-08-28; journal 2010 653493

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ABE INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 2.48m NOK → 1.01m NOK.

Pressures included: equity eroded; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABE INVEST AS.

At a glance

Revenue

0 NOK 0 NOK

0.0%

Operating result

n/m -28.1k NOK

—

Equity

2.48m NOK 1.01m NOK

-59.1%

Cash

2.31m NOK 12.3k NOK

-99.5%

Total assets

7.92m NOK 5.38m NOK

-32.1%

↓
Equity eroded

Book equity 2.48m NOK → 1.01m NOK (equity ratio 31.3% → 18.9%). Calculated
↓
Cash fell

Bank deposits 2.31m NOK → 12.3k NOK (-99.5% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (2.31m NOK → 12.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 4.18m NOK → 4.43m NOK. Reported fact