ABACI INVEST AS: årsregnskap 2017 vs 2016
Stronger earnings, cash halved-plus
approved 2018-06-22; registry 2018-06-27; journal 2018 571108
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABACI INVEST AS. Net result +4.85m NOK → +6.99m NOK. Equity 3.30m NOK → 4.12m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ABACI INVEST AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +4.85m NOK → +6.99m NOK. Calculated
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↑
Equity strengthened
Book equity 3.30m NOK → 4.12m NOK (equity ratio 62.3% → 99.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -6 544 NOK → -9 378 NOK. Calculated
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↓
Cash fell
Bank deposits 1.59m NOK → 186.7k NOK (-88.2% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (1.59m NOK → 186.7k 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 200.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 2.69m NOK → 3.59m NOK. Reported fact