ABDEIN TRADING AS: årsregnskap 2018 vs 2017
Grew 268% on revenue, cash halved-plus
approved 2019-07-25; registry 2020-09-10; journal 2020 788534
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABDEIN TRADING AS. Revenue 986 NOK → 3 625 NOK (+267.6%). Equity -118.0k NOK → -1.12m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABDEIN TRADING AS.
At a glance
Scorecard
Revenue
986 NOK
3 625 NOK
+267.6%
Equity
-118.0k NOK
-1.12m NOK
-845.2%
Cash
298 NOK
-120 NOK
-140.3%
Total assets
34.1k NOK
145.0k NOK
+325.6%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 986 NOK to 3 625 NOK (+267.6% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -118.0k NOK → -1.12m NOK (equity ratio -346.3% → -768.9%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -768.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation