Org.nr 979 676 263 2017 → 2018 Year-over-year analysis

ABC INVEST AS: årsregnskap 2018 vs 2017

Shrank 96% on revenue, cash halved-plus

approved 2019-05-31; registry 2019-06-27; journal 2019 543582

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABC INVEST AS. Revenue 202.3k NOK → 8 091 NOK (-96.0%). Equity 44.78m NOK → 37.51m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABC INVEST AS.

At a glance

Revenue

202.3k NOK 8 091 NOK

-96.0%

Operating result

-19.6k NOK n/m

—

Equity

44.78m NOK 37.51m NOK

-16.2%

Cash

9.79m NOK 4.12m NOK

-58.0%

Total assets

127.96m NOK 118.25m NOK

-7.6%

↓
Revenue fell

Operating income / revenue moved from 202.3k NOK to 8 091 NOK (-96.0% YoY). Calculated
↓
Equity eroded

Book equity 44.78m NOK → 37.51m NOK (equity ratio 35.0% → 31.7%). Calculated
↓
Cash fell

Bank deposits 9.79m NOK → 4.12m NOK (-58.0% YoY). Calculated

·
COGS fell

COGS / varekostnad 14.91m NOK → 3.10m NOK (-79.2% YoY). Calculated
·
Book investments changed

Investment / intangible book value 81.96m NOK → 77.24m NOK. Reported fact