AB INVESTMENT AS: årsregnskap 2018 vs 2017
Shrank 73% on revenue
approved 2019-07-18; registry 2019-08-07; journal 2019 883184
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AB INVESTMENT AS. Revenue 17.39m NOK → 4.65m NOK (-73.3%). Equity 50.75m NOK → 34.46m NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AB INVESTMENT AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 17.39m NOK to 4.65m NOK (-73.3% YoY). Calculated
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↓
Operating result weakened
Operating result +4.78m NOK → -14.21m NOK (op. margin 27.5% → -305.8%). Calculated
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↓
Equity eroded
Book equity 50.75m NOK → 34.46m NOK (equity ratio 72.3% → 64.6%). Calculated
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↓
Cash fell
Bank deposits 2.71m NOK → 1.73m NOK (-36.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 16.69m NOK → 11.22m NOK. Reported fact