AB Invest A/S: årsregnskap 2017 vs 2016
Grew 2279% on revenue, cash halved-plus
approved 2018-03-22; registry 2018-07-04; journal 2018 606052
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AB Invest A/S. Revenue 50.4k NOK → 1.20m NOK (+2278.7%). Equity 270.56m NOK → 266.60m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for AB Invest A/S.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 50.4k NOK to 1.20m NOK (+2278.7% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 270.56m NOK → 266.60m NOK (equity ratio 7.6% → 9.0%). Calculated
-
↓
Cash fell
Bank deposits 20.45m NOK → 373.2k NOK (-98.2% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (20.45m NOK → 373.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 60.80m NOK → 49.40m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 2.74m NOK → 4.05m NOK (5440% → 337% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 138.83m NOK → 3.06m NOK (-97.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2.76bn NOK → 10 NOK. Reported fact