Org.nr 914 313 902 2017 → 2018 Year-over-year analysis

ABCHUS AS: årsregnskap 2018 vs 2017

Shrank 100% on revenue

approved 2019-06-28; registry 2019-07-30; journal 2019 818930

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ABCHUS AS. Revenue 495.41m NOK → 587.9k NOK (-99.9%). Equity 42.09m NOK → 15.45m NOK.

On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABCHUS AS.

Scorecard

Revenue
495.41m NOK 587.9k NOK
-99.9%
Net result
-783.0k NOK n/m
—
Equity
42.09m NOK 15.45m NOK
-63.3%
Cash
13.82m NOK 24.95m NOK
+80.5%
Total assets
115.95m NOK 131.3k NOK
-99.9%

What improved

  • ↑

    Cash rose

    Bank deposits 13.82m NOK → 24.95m NOK (+80.5% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 23.49m NOK → 24.36m NOK (+875.0k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 495.41m NOK to 587.9k NOK (-99.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 42.09m NOK → 15.45m NOK (equity ratio 36.3% → 11771.2%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.58× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6 000 NOK → 0 NOK. Reported fact