ABCDEF AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue, stronger earnings
approved 2019-06-17; registry 2019-07-02; journal 2019 579769
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABCDEF AS. Revenue 329.3k NOK → 329 NOK (-99.9%). Net result +10.6k NOK → +69.9k NOK. Equity 19.05m NOK → 16.12m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABCDEF AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +10.6k NOK → +69.9k NOK (net margin 3.2% → 21238.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 329.3k NOK to 329 NOK (-99.9% YoY). Calculated
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↓
Operating result weakened
Operating result +234.1k NOK → +41.9k NOK (op. margin 71.1% → 12729.8%). Calculated
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↓
Equity eroded
Book equity 19.05m NOK → 16.12m NOK (equity ratio 67.9% → 77.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.27× → 0.12× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 17.74m NOK → 20.23m NOK. Reported fact