Org.nr 889 311 002 2017 → 2018 Year-over-year analysis

ABC MOJO CAPITAL HOLDING AS: årsregnskap 2018 vs 2017

Slipped into loss

approved 2019-05-24; registry 2019-06-27; journal 2019 550435

Full company analysis · All year comparisons

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.

Scorecard

Revenue
49.2k NOK 49.2k NOK
0.0%
Operating result
+20.1k NOK -54.9k NOK
-373.4%
Net result
+15.2k NOK -54.9k NOK
-461.9%
Equity
-749.3k NOK -804.2k NOK
-7.3%
Cash
37.5k NOK 20.1k NOK
-46.5%
Total assets
87.7k NOK 70.3k NOK
-19.8%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +20.1k NOK → -54.9k NOK (op. margin 40.8% → -111.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 15.2k NOK profit to a loss of 54.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -749.3k NOK → -804.2k NOK (equity ratio -854.3% → -1143.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 37.5k NOK → 20.1k NOK (-46.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1143.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 30.3k NOK → 50.3k NOK. Reported fact