Org.nr 977 058 228 2017 → 2018 Year-over-year analysis

ABRA FINANCE AS: årsregnskap 2018 vs 2017

Grew 43% on revenue

approved 2019-06-25; registry 2019-07-23; journal 2019 773265

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABRA FINANCE AS. Revenue 466.5k NOK → 667.0k NOK (+43.0%). Equity -67.1k NOK → 9.14m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

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

At a glance

Revenue

466.5k NOK 667.0k NOK

+43.0%

Operating result

-122.5k NOK n/m

—

Net result

-124.2k NOK n/m

—

Equity

-67.1k NOK 9.14m NOK

+13723.4%

Cash

35.3k NOK 36.3k NOK

+3.0%

Total assets

293.9k NOK 373.7k NOK

+27.1%

↑
Revenue rose

Operating income / revenue moved from 466.5k NOK to 667.0k NOK (+43.0% YoY). Calculated
↑
Equity strengthened

Book equity -67.1k NOK → 9.14m NOK (equity ratio -22.8% → 2445.6%). Calculated
↑
Cash rose

Bank deposits 35.3k NOK → 36.3k NOK (+3.0% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.18× → 1.51×. Calculated
↑
Payroll decreased

Salary cost 339.8k NOK → 2 NOK (73% → 0% of revenue). Calculated

·
Book investments changed

Investment / intangible book value 209.5k NOK → 0 NOK. Reported fact