ABC ANLEGG & INGENIØR AS: årsregnskap 2017 vs 2016
Shrank 75% on revenue, cash halved-plus
approved 2018-05-18; registry 2018-06-15; journal 2018 480712
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABC ANLEGG & INGENIØR AS. Revenue 158.4k NOK → 39.5k NOK (-75.1%). Equity 16.3k NOK → -87.8k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABC ANLEGG & INGENIØR AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 158.4k NOK to 39.5k NOK (-75.1% YoY). Calculated
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Equity eroded
Book equity 16.3k NOK → -87.8k NOK (equity ratio 13.9% → -966.6%). Calculated
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Cash fell
Bank deposits 17.1k NOK → -61.0k NOK (-457.2% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.75× → -16.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -966.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 104.3k NOK → 22.7k NOK (-78.2% YoY). Calculated