AB KLIPP TRIADEN AS: årsregnskap 2018 vs 2017
Shrank 27% on revenue, cash halved-plus
approved 2019-06-27; registry 2019-08-20; journal 2019 925024
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AB KLIPP TRIADEN AS. Revenue 10.86m NOK → 7.88m NOK (-27.5%). Equity -371.7k NOK → -447.0k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; sharp cash drawdown. All figures are taken from the published annual accounts for AB KLIPP TRIADEN AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 10.86m NOK to 7.88m NOK (-27.5% YoY). Calculated
-
↓
Equity eroded
Book equity -371.7k NOK → -447.0k NOK (equity ratio -18.8% → -302.1%). Calculated
-
↓
Cash fell
Bank deposits 1.14m NOK → 429.8k NOK (-62.3% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 1.42m NOK → 8.97m NOK (+529.7% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -302.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.14m NOK → 429.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation