ABBAS EIENDOM AS: årsregnskap 2018 vs 2017
Grew 180% on revenue, slipped into loss
approved 2019-06-29; registry 2019-07-09; journal 2019 640041
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABBAS EIENDOM AS. Revenue 34.6k NOK → 97.0k NOK (+180.3%). Net result +2 978 NOK → -68.1k NOK. Equity -252.8k NOK → -320.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABBAS EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 34.6k NOK to 97.0k NOK (+180.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +2 969 NOK → -67.1k NOK (op. margin 8.6% → -69.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 2 978 NOK profit to a loss of 68.1k NOK. Calculated
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↓
Equity eroded
Book equity -252.8k NOK → -320.9k NOK (equity ratio -3800.9% → -5184.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -5184.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation