Org.nr 985 060 746 2017 → 2018 Year-over-year analysis

ABC THAI AS: årsregnskap 2018 vs 2017

Shrank 98% on revenue

approved 2019-05-28; registry 2019-07-23; journal 2019 766941

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ABC THAI AS. Revenue 3.15m NOK → 70.5k NOK (-97.8%). Equity 14.12m NOK → 14 NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; cogs moved.

Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABC THAI AS.

Scorecard

Revenue
3.15m NOK 70.5k NOK
-97.8%
Equity
14.12m NOK 14 NOK
-100.0%
Cash
308.9k NOK 352.7k NOK
+14.2%
Total assets
568.5k NOK 635.6k NOK
+11.8%

What improved

  • ↑

    Cash rose

    Bank deposits 308.9k NOK → 352.7k NOK (+14.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.15m NOK to 70.5k NOK (-97.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 14.12m NOK → 14 NOK (equity ratio 2483.1% → 0.0%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 42.0k NOK → 251.1k NOK (+498.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 3.9. Reported fact