Org.nr 916 207 395 2017 → 2018 Year-over-year analysis

ABRAZO AS: årsregnskap 2018 vs 2017

Stronger earnings, cash halved-plus

approved 2019-04-25; registry 2019-05-11; journal 2019 326445

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ABRAZO AS. Net result +6 603 NOK → +45.9k NOK. Equity 48.3k NOK → 94.2k NOK.

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

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

Scorecard

Revenue
n/m 55.2k NOK
—
Operating result
n/m +38.9k NOK
—
Net result
+6 603 NOK +45.9k NOK
+594.4%
Equity
48.3k NOK 94.2k NOK
+94.9%
Cash
197.6k NOK 41.4k NOK
-79.0%
Total assets
1.28m NOK 1.32m NOK
+3.6%

What improved

  • ↑

    Net result improved

    Net result +6 603 NOK → +45.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 48.3k NOK → 94.2k NOK (equity ratio 3.8% → 7.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 197.6k NOK → 41.4k NOK (-79.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 778.0k NOK → 973.2k NOK. Reported fact