Org.nr 986 982 205 2018 → 2019 Year-over-year analysis

ABRAFAM HOLDING AS: årsregnskap 2019 vs 2018

Cash halved-plus

approved 2020-03-21; registry 2020-03-30; journal 2020 265413

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABRAFAM HOLDING AS. Revenue 12.14m NOK → 11.87m NOK (-2.3%). Equity 94.09m NOK → 94.11m NOK.

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

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABRAFAM HOLDING AS.

At a glance

Revenue

12.14m NOK 11.87m NOK

-2.3%

Operating result

+12.08m NOK n/m

—

Equity

94.09m NOK 94.11m NOK

+0.0%

Cash

4.79m NOK 1.19m NOK

-75.2%

Total assets

113.09m NOK 112.12m NOK

-0.9%

↑
Equity strengthened

Book equity 94.09m NOK → 94.11m NOK (equity ratio 83.2% → 83.9%). Calculated

↓
Revenue fell

Operating income / revenue moved from 12.14m NOK to 11.87m NOK (-2.3% YoY). Calculated
↓
Cash fell

Bank deposits 4.79m NOK → 1.19m NOK (-75.2% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (4.79m NOK → 1.19m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 104.20m NOK → 106.54m NOK. Reported fact