ABB AS: årsregnskap 2018 vs 2017
Cash halved-plus
approved 2019-03-26; registry 2019-06-06; journal 2019 389972
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABB AS. Revenue 8.63bn NOK → 8.53bn NOK (-1.2%). Net result +298.10m NOK → +304.24m NOK. Equity 1.64bn NOK → 1.63bn NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ABB AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.63bn NOK to 8.53bn NOK (-1.2% YoY). Calculated
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↓
Operating result weakened
Operating result +406.4k NOK → +356.4k NOK (op. margin 0.0% → 0.0%). Calculated
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↓
Equity eroded
Book equity 1.64bn NOK → 1.63bn NOK (equity ratio 27.3% → 28.5%). Calculated
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↓
Cash fell
Bank deposits 7.25m NOK → 3.19m NOK (-56.0% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 531.33m NOK → 14.53m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 553.4k NOK → 309.0k NOK. Reported fact