ABSHERON AS: årsregnskap 2019 vs 2018
Slipped into loss
approved 2020-08-25; registry 2020-09-12; journal 2020 800101
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABSHERON AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +68.3k NOK → -1.62m NOK. Equity 961.9k NOK → -659.4k NOK.
On the constructive side: operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABSHERON AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -35.0k NOK → -23.3k NOK. Calculated
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↑
Cash rose
Bank deposits 6 617 NOK → 14.5k NOK (+119.6% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 68.3k NOK profit to a loss of 1.62m NOK. Calculated
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↓
Equity eroded
Book equity 961.9k NOK → -659.4k NOK (equity ratio 23.3% → -23.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -23.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 1.44m NOK → 1.77m NOK. Reported fact