FirmaIQ
Org.nr 999 529 488 2017 → 2018 Year-over-year analysis

ABRAX AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-04-10; registry 2019-04-13; journal 2019 288907

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABRAX AS. Revenue 0 NOK → 0 NOK (0.0%). Equity -65.8k NOK → -229.8k NOK.

Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABRAX AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Equity
-65.8k NOK -229.8k NOK
-249.5%
Cash
2 847 NOK 785 NOK
-72.4%
Total assets
351.3k NOK 472.4k NOK
+34.5%

What deteriorated

  • ↓

    Equity eroded

    Book equity -65.8k NOK → -229.8k NOK (equity ratio -18.7% → -48.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 2 847 NOK → 785 NOK (-72.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -48.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation