ABRA AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-04-04; registry 2020-06-17; journal 2020 448073
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABRA AS. Revenue 500.0k NOK → 500.0k NOK (0.0%). Net result +731.0k NOK → +322.7k NOK. Equity 29.87m NOK → 28.92m NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
500.0k NOK
500.0k NOK
0.0%
Operating result
+463.4k NOK
-38.0k NOK
-108.2%
Net result
+731.0k NOK
+322.7k NOK
-55.9%
Equity
29.87m NOK
28.92m NOK
-3.2%
Cash
10.44m NOK
11.40m NOK
+9.2%
Total assets
30.02m NOK
29.47m NOK
-1.8%
What improved
-
↑
Cash rose
Bank deposits 10.44m NOK → 11.40m NOK (+9.2% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +463.4k NOK → -38.0k NOK (op. margin 92.7% → -7.6%). Calculated
-
↓
Net result weakened
Net result +731.0k NOK → +322.7k NOK (net margin 146.2% → 64.5%). Calculated
-
↓
Equity eroded
Book equity 29.87m NOK → 28.92m NOK (equity ratio 99.5% → 98.1%). Calculated