Org.nr 996 872 084 2017 → 2018 Year-over-year analysis

ABRA REGNSKAP OG RÅDGIVNING AS: årsregnskap 2018 vs 2017

Shrank 6% on revenue, returned to profit

approved 2019-06-25; registry 2020-03-07; journal 2020 231471

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ABRA REGNSKAP OG RÅDGIVNING AS. Revenue 3.34m NOK → 3.13m NOK (-6.2%). Net result -7 531 NOK → +69.5k NOK. Equity 67.3k NOK → 3.14m NOK.

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

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ABRA REGNSKAP OG RÅDGIVNING AS.

Scorecard

Revenue
3.34m NOK 3.13m NOK
-6.2%
Operating result
+4 198 NOK n/m
—
Net result
-7 531 NOK +69.5k NOK
+1022.5%
Equity
67.3k NOK 3.14m NOK
+4558.3%
Cash
123.2k NOK 152.9k NOK
+24.1%
Total assets
896.7k NOK 793.7k NOK
-11.5%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 7 531 NOK to a profit of 69.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 67.3k NOK → 3.14m NOK (equity ratio 7.5% → 395.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 123.2k NOK → 152.9k NOK (+24.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.46m NOK → 2.03m NOK (74% → 65% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.34m NOK to 3.13m NOK (-6.2% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 136.7k NOK → 104.7k NOK — check capital reduction, conversion, or reclassification. Interpretation