ABDEIN TRADING AS: årsregnskap 2017 vs 2016
Cash halved-plus
approved 2018-07-24; registry 2018-07-28; journal 2018 817710
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABDEIN TRADING AS. Equity -98.1k NOK → -118.0k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ABDEIN TRADING AS.
At a glance
Scorecard
Revenue
n/m
986 NOK
—
Equity
-98.1k NOK
-118.0k NOK
-20.2%
Cash
298.1k NOK
298 NOK
-99.9%
Total assets
57.1k NOK
34.1k NOK
-40.4%
What deteriorated
-
↓
Equity eroded
Book equity -98.1k NOK → -118.0k NOK (equity ratio -171.7% → -346.3%). Calculated
-
↓
Cash fell
Bank deposits 298.1k NOK → 298 NOK (-99.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -346.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 6 002 NOK → 19.8k NOK. Calculated