Org.nr 990 648 506 2017 → 2018 Year-over-year analysis

ABAN INTERNATIONAL NORWAY AS: årsregnskap 2018 vs 2017

Shrank 100% on revenue, cash halved-plus

approved 2018-09-20; registry 2018-10-04; journal 2018 928331

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABAN INTERNATIONAL NORWAY AS. Revenue 3.94m NOK → 3 937 NOK (-99.9%). Equity 1.15bn NOK → 1.03bn NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABAN INTERNATIONAL NORWAY AS.

At a glance

Revenue

3.94m NOK 3 937 NOK

-99.9%

Equity

1.15bn NOK 1.03bn NOK

-9.8%

Cash

209.0k NOK 674 NOK

-99.7%

Total assets

1.44bn NOK 1.34bn NOK

-7.2%

↑
Payroll decreased

Salary cost 11.1k NOK → 11 NOK (0% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.94m NOK to 3 937 NOK (-99.9% YoY). Calculated
↓
Equity eroded

Book equity 1.15bn NOK → 1.03bn NOK (equity ratio 79.6% → 77.4%). Calculated
↓
Cash fell

Bank deposits 209.0k NOK → 674 NOK (-99.7% YoY). Calculated

·
Book investments changed

Investment / intangible book value 1.44bn NOK → 1.33bn NOK. Reported fact