Org.nr 999 522 343 2018 → 2019 Year-over-year analysis

ABERE AS: årsregnskap 2019 vs 2018

Grew 129% on revenue

approved 2020-03-23; registry 2020-09-12; journal 2020 801219

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABERE AS. Revenue 952 NOK → 2 181 NOK (+129.1%). Equity 3 147 NOK → -149.0k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABERE AS.

At a glance

Revenue

952 NOK 2 181 NOK

+129.1%

Operating result

n/m -186.8k NOK

—

Net result

n/m -149.1k NOK

—

Equity

3 147 NOK -149.0k NOK

-4833.8%

Cash

147.1k NOK 351.8k NOK

+139.1%

Total assets

147.1k NOK 793 NOK

-99.5%

↑
Revenue rose

Operating income / revenue moved from 952 NOK to 2 181 NOK (+129.1% YoY). Calculated
↑
Cash rose

Bank deposits 147.1k NOK → 351.8k NOK (+139.1% YoY). Calculated

↓
Equity eroded

Book equity 3 147 NOK → -149.0k NOK (equity ratio 2.1% → -18786.0%). Calculated

·
Thin equity buffer

Equity ratio is -18786.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation