Org.nr 913 287 053 2017 → 2018 Year-over-year analysis

ABC-MØBLER AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-06-27; registry 2019-07-11; journal 2019 685089

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABC-MØBLER AS. Revenue 18.17m NOK → 18.86m NOK (+3.7%). Equity 2.16m NOK → 1.92m NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: equity eroded; cash fell.

Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for ABC-MØBLER AS.

At a glance

Revenue

18.17m NOK 18.86m NOK

+3.7%

Net result

+146.7k NOK n/m

—

Equity

2.16m NOK 1.92m NOK

-11.0%

Cash

1.07m NOK 337.9k NOK

-68.4%

Total assets

71.2k NOK 7.05m NOK

+9809.9%

↑
Revenue rose

Operating income / revenue moved from 18.17m NOK to 18.86m NOK (+3.7% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 515.0k NOK → 589.7k NOK (+74.7k NOK). Reported fact

↓
Equity eroded

Book equity 2.16m NOK → 1.92m NOK (equity ratio 3031.1% → 27.2%). Calculated
↓
Cash fell

Bank deposits 1.07m NOK → 337.9k NOK (-68.4% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (1.07m NOK → 337.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
COGS moved

COGS / varekostnad 10.79m NOK → 11.73m NOK (+8.8% YoY). Calculated