ABBOR INVEST AS: årsregnskap 2018 vs 2017
Grew 335% on revenue, cash halved-plus
approved 2019-06-30; registry 2019-07-03; journal 2019 653605
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABBOR INVEST AS. Revenue 218.3k NOK → 949.5k NOK (+334.9%). Equity 7.28m NOK → 12 NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABBOR INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 218.3k NOK to 949.5k NOK (+334.9% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 7.28m NOK → 12 NOK (equity ratio 2245.2% → 0.0%). Calculated
-
↓
Cash fell
Bank deposits 217.8k NOK → 25.1k NOK (-88.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation