ABBAS HOLDING AS: årsregnskap 2018 vs 2017
Grew 806% on revenue
approved 2019-07-29; registry 2019-08-05; journal 2019 864820
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABBAS HOLDING AS. Revenue 32.4k NOK → 293.6k NOK (+806.0%). Equity 1.41m NOK → 10.35m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABBAS HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 32.4k NOK to 293.6k NOK (+806.0% YoY). Calculated
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↑
Equity strengthened
Book equity 1.41m NOK → 10.35m NOK (equity ratio 165.8% → 1253.2%). Calculated
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↑
Cash rose
Bank deposits 489 NOK → 91.2k NOK (+18554.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -516.5k NOK → -974.0k NOK (op. margin -1594.0% → -331.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.90× → 0.52× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 284.0k NOK → 57.6k NOK (-79.7% YoY). Calculated