Org.nr 977 058 228 2013 → 2014 Year-over-year analysis

ABRA FINANCE AS: årsregnskap 2014 vs 2013

Grew 19% on revenue

approved 2015-06-30; registry 2015-09-24; journal 2015 869336

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ABRA FINANCE AS. Revenue 595.8k NOK → 706.3k NOK (+18.5%). Equity -108.6k NOK → -275.1k 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 ABRA FINANCE AS.

At a glance

Revenue

595.8k NOK 706.3k NOK

+18.5%

Operating result

-174.1k NOK n/m

—

Net result

-177.2k NOK n/m

—

Equity

-108.6k NOK -275.1k NOK

-153.3%

Cash

43.4k NOK 71.0k NOK

+63.3%

Total assets

532.50m NOK 607.2k NOK

-99.9%

↑
Revenue rose

Operating income / revenue moved from 595.8k NOK to 706.3k NOK (+18.5% YoY). Calculated
↑
Cash rose

Bank deposits 43.4k NOK → 71.0k NOK (+63.3% YoY). Calculated

↓
Equity eroded

Book equity -108.6k NOK → -275.1k NOK (equity ratio -0.0% → -45.3%). Calculated

·
Thin equity buffer

Equity ratio is -45.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation