A&B ELEKTRO INSTALLASJON AS: årsregnskap 2018 vs 2017
Shrank 69% on revenue
approved 2019-06-03; registry 2019-07-27; journal 2019 836739
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A&B ELEKTRO INSTALLASJON AS. Revenue 54.9k NOK → 16.9k NOK (-69.2%). Equity -8 585 NOK → -56.8k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; cogs moved.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A&B ELEKTRO INSTALLASJON AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 13.7k NOK → 34.0k NOK (+148.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 54.9k NOK to 16.9k NOK (-69.2% YoY). Calculated
-
↓
Equity eroded
Book equity -8 585 NOK → -56.8k NOK (equity ratio -24.4% → -145.3%). Calculated
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↓
COGS moved
COGS / varekostnad 34.3k NOK → 40.0k NOK (+16.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -145.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation