Org.nr 916 993 579 2017 → 2018 Year-over-year analysis

ABBI AS: årsregnskap 2018 vs 2017

Shrank 14% on revenue, cash halved-plus

approved 2019-06-12; registry 2019-07-31; journal 2019 837762

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABBI AS. Revenue 426.8k NOK → 368.5k NOK (-13.7%). Equity 6 137 NOK → -52.3k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABBI AS.

At a glance

Revenue

426.8k NOK 368.5k NOK

-13.7%

Operating result

+11.0k NOK -59.8k NOK

-646.1%

Net result

n/m +5 NOK

—

Equity

6 137 NOK -52.3k NOK

-952.7%

Cash

123.2k NOK 60.9k NOK

-50.5%

Total assets

571.9k NOK 405.7k NOK

-29.0%

↓
Revenue fell

Operating income / revenue moved from 426.8k NOK to 368.5k NOK (-13.7% YoY). Calculated
↓
Operating result weakened

Operating result +11.0k NOK → -59.8k NOK (op. margin 2.6% → -16.2%). Calculated
↓
Equity eroded

Book equity 6 137 NOK → -52.3k NOK (equity ratio 1.1% → -12.9%). Calculated
↓
Cash fell

Bank deposits 123.2k NOK → 60.9k NOK (-50.5% YoY). Calculated
↓
COGS moved

COGS / varekostnad 208.8k NOK → 233.3k NOK (+11.7% YoY). Calculated

·
Thin equity buffer

Equity ratio is -12.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation