ABACTA AS: årsregnskap 2018 vs 2017
Cash halved-plus
approved 2019-06-11; registry 2019-06-22; journal 2019 504299
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABACTA AS. Revenue 879.4k NOK → 906.5k NOK (+3.1%). Equity 3.18m NOK → 2.67m NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABACTA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 879.4k NOK to 906.5k NOK (+3.1% YoY). Calculated
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↑
Payroll decreased
Salary cost 816.8k NOK → 736.8k NOK (93% → 81% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 3.18m NOK → 2.67m NOK (equity ratio 53.0% → 51.1%). Calculated
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↓
Cash fell
Bank deposits 680.1k NOK → 64.9k NOK (-90.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.49× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 2.25m NOK → 2.26m NOK. Reported fact