Org.nr 916 207 395 2016 → 2017 Year-over-year analysis

ABRAZO AS: årsregnskap 2017 vs 2016

Weaker earnings

approved 2018-05-09; registry 2018-06-05; journal 2018 406439

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ABRAZO AS. Net result +18.9k NOK → +6 603 NOK. Equity 41.7k NOK → 48.3k NOK.

On the constructive side: equity strengthened. Pressures included: net result weakened; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABRAZO AS.

Scorecard

Revenue
0 NOK n/m
—
Operating result
-1 205 NOK n/m
—
Net result
+18.9k NOK +6 603 NOK
-65.0%
Equity
41.7k NOK 48.3k NOK
+15.8%
Cash
354.4k NOK 197.6k NOK
-44.2%
Total assets
172.4k NOK 1.28m NOK
+642.0%

What improved

  • ↑

    Equity strengthened

    Book equity 41.7k NOK → 48.3k NOK (equity ratio 24.2% → 3.8%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +18.9k NOK → +6 603 NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 354.4k NOK → 197.6k NOK (-44.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 818 NOK → 778.0k NOK. Reported fact