Org.nr 993 250 562 2018 → 2019 Year-over-year analysis

ABRE INVEST AS: årsregnskap 2019 vs 2018

Returned to profit

approved 2020-09-21; registry 2020-10-01; journal 2020 887346

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ABRE INVEST AS. Net result -50.4k NOK → +13.2k NOK. Equity 1.51m NOK → 1.53m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell.

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

Scorecard

Operating result
-34.2k NOK -11.2k NOK
+67.1%
Net result
-50.4k NOK +13.2k NOK
+126.2%
Equity
1.51m NOK 1.53m NOK
+0.9%
Cash
1.44m NOK 1.22m NOK
-15.7%
Total assets
1.51m NOK 525.8k NOK
-65.2%

What improved

  • ↑

    Operating result improved

    Operating result -34.2k NOK → -11.2k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 50.4k NOK to a profit of 13.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.51m NOK → 1.53m NOK (equity ratio 100.0% → 290.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.44m NOK → 1.22m NOK (-15.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 34 NOK → 3 199 NOK. Reported fact