ABC MOJO CAPITAL HOLDING AS: årsregnskap 2018 vs 2017
Slipped into loss
approved 2019-05-24; registry 2019-06-27; journal 2019 550435
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABC MOJO CAPITAL HOLDING AS. Revenue 49.2k NOK → 49.2k NOK (0.0%). Net result +15.2k NOK → -54.9k NOK. Equity -749.3k NOK → -804.2k NOK.
Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABC MOJO CAPITAL HOLDING AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result +20.1k NOK → -54.9k NOK (op. margin 40.8% → -111.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 15.2k NOK profit to a loss of 54.9k NOK. Calculated
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↓
Equity eroded
Book equity -749.3k NOK → -804.2k NOK (equity ratio -854.3% → -1143.8%). Calculated
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↓
Cash fell
Bank deposits 37.5k NOK → 20.1k NOK (-46.5% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -1143.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 30.3k NOK → 50.3k NOK. Reported fact