Org.nr 999 060 439 2017 → 2018 Year-over-year analysis

ABED NEGO AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-05-21; registry 2019-06-11; journal 2019 403204

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ABED NEGO AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 96.9k NOK → 91.5k NOK.

Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

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

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Net result
n/m +800.7k NOK
—
Equity
96.9k NOK 91.5k NOK
-5.6%
Cash
24.1k NOK 4 117 NOK
-82.9%
Total assets
525.2k NOK 647.3k NOK
+23.2%

What deteriorated

  • ↓

    Equity eroded

    Book equity 96.9k NOK → 91.5k NOK (equity ratio 18.5% → 14.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 24.1k NOK → 4 117 NOK (-82.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 6.05× → 0.67× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 490.4k NOK → 630.4k NOK. Reported fact