Org.nr 977 058 228 2018 → 2019 Year-over-year analysis

ABRA FINANCE AS: årsregnskap 2019 vs 2018

Shrank 32% on revenue, cash halved-plus

approved 2020-08-31; registry 2020-09-12; journal 2020 802053

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ABRA FINANCE AS. Revenue 667.0k NOK → 453.0k NOK (-32.1%). Equity 9.14m NOK → 10.16m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
667.0k NOK 453.0k NOK
-32.1%
Operating result
n/m +16.3k NOK
—
Net result
n/m +16.3k NOK
—
Equity
9.14m NOK 10.16m NOK
+11.1%
Cash
36.3k NOK 7 436 NOK
-79.5%
Total assets
373.7k NOK 262.8k NOK
-29.7%

What improved

  • ↑

    Equity strengthened

    Book equity 9.14m NOK → 10.16m NOK (equity ratio 2445.6% → 3864.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 667.0k NOK to 453.0k NOK (-32.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 36.3k NOK → 7 436 NOK (-79.5% YoY). Calculated