Org.nr 942 813 708 2017 → 2018 Year-over-year analysis

ABRA AS: årsregnskap 2018 vs 2017

Grew 7592% on revenue

approved 2019-04-24; registry 2019-07-11; journal 2019 672658

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABRA AS. Revenue 6 500 NOK → 500.0k NOK (+7592.3%). Equity 29.13m NOK → 29.87m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABRA AS.

At a glance

Revenue

6 500 NOK 500.0k NOK

+7592.3%

Operating result

+968.8k NOK +463.4k NOK

-52.2%

Net result

n/m +731.0k NOK

—

Equity

29.13m NOK 29.87m NOK

+2.5%

Cash

8.53m NOK 10.44m NOK

+22.3%

Total assets

30.11m NOK 30.02m NOK

-0.3%

↑
Revenue rose

Operating income / revenue moved from 6 500 NOK to 500.0k NOK (+7592.3% YoY). Calculated
↑
Equity strengthened

Book equity 29.13m NOK → 29.87m NOK (equity ratio 96.8% → 99.5%). Calculated
↑
Cash rose

Bank deposits 8.53m NOK → 10.44m NOK (+22.3% YoY). Calculated

↓
Operating result weakened

Operating result +968.8k NOK → +463.4k NOK (op. margin 14905.1% → 92.7%). Calculated

·
Book investments changed

Investment / intangible book value 20.57m NOK → 7 NOK. Reported fact