ABD-HOLDING AS: årsregnskap 2017 vs 2016
Shrank 87% on revenue, cash halved-plus
approved 2018-06-30; registry 2018-07-16; journal 2018 714152
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABD-HOLDING AS. Revenue 864.8k NOK → 108.6k NOK (-87.4%). Equity 6.22m NOK → 1.48m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 864.8k NOK to 108.6k NOK (-87.4% YoY). Calculated
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Equity eroded
Book equity 6.22m NOK → 1.48m NOK (equity ratio 719.0% → 243.7%). Calculated
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Cash fell
Bank deposits 767.3k NOK → 328.3k NOK (-57.2% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 5.40× → 0.84× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 9 678 NOK → 2.50m NOK (1% → 2301% of revenue). Calculated