AB Invest A/S: årsregnskap 2018 vs 2017
Grew 167% on revenue, returned to profit
approved 2019-03-26; registry 2019-05-08; journal 2019 314560
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AB Invest A/S. Revenue 1.20m NOK → 3.20m NOK (+166.5%). Net result -34.78m NOK → +97.53m NOK. Equity 266.60m NOK → 297.76m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened.
Also worth watching: thin equity buffer; 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 1.20m NOK to 3.20m NOK (+166.5% YoY). Calculated
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Turned profitable
Net result flipped from a loss of 34.78m NOK to a profit of 97.53m NOK. Calculated
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Equity strengthened
Book equity 266.60m NOK → 297.76m NOK (equity ratio 9.0% → 9.0%). Calculated
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Cash rose
Bank deposits 373.2k NOK → 686.8k NOK (+84.0% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 9.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 49.40m NOK → 41.14m NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 4.05m NOK → 6.82m NOK (337% → 213% of revenue). Calculated
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COGS moved
COGS / varekostnad 3.06m NOK → 109.38m NOK (+3474.3% YoY). Calculated