Org.nr 989 843 052 2017 → 2018 Year-over-year analysis

ABUELO FINANS AS: årsregnskap 2018 vs 2017

Slipped into loss, cash halved-plus

approved 2019-03-26; registry 2019-04-03; journal 2019 264132

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ABUELO FINANS AS. Net result +407.6k NOK → -154.3k NOK. Equity 2.49m NOK → 2.34m NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

Net tougher year on the published lines.

Scorecard

Operating result
-5 675 NOK -8 827 NOK
-55.5%
Net result
+407.6k NOK -154.3k NOK
-137.9%
Equity
2.49m NOK 2.34m NOK
-6.2%
Cash
98.8k NOK 6 982 NOK
-92.9%
Total assets
2.50m NOK 4.20m NOK
+67.8%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -5 675 NOK → -8 827 NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 407.6k NOK profit to a loss of 154.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.49m NOK → 2.34m NOK (equity ratio 99.8% → 55.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 98.8k NOK → 6 982 NOK (-92.9% YoY). Calculated