ABC DEAL AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-10-11; registry 2020-10-20; journal 2020 955391
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABC DEAL AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +4 812 NOK → +28.4k NOK. Equity -7 340 NOK → -35.8k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABC DEAL AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +4 812 NOK → +5 437 NOK. Calculated
-
↑
Net result improved
Net result +4 812 NOK → +28.4k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -7 340 NOK → -35.8k NOK (equity ratio -9.9% → -79.3%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.90× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -79.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 60.5k NOK → 45.0k NOK. Reported fact