Org.nr 817 136 532 2016 → 2017 Year-over-year analysis

ABEIENDOM HOLDING AS: årsregnskap 2017 vs 2016

Slipped into loss, cash halved-plus

approved 2018-07-13; registry 2018-07-23; journal 2018 751269

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ABEIENDOM HOLDING AS. Net result +16 NOK → -45.9k NOK. Equity 24.4k NOK → -21.5k NOK.

Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABEIENDOM HOLDING AS.

Scorecard

Net result
+16 NOK -45.9k NOK
-287200.0%
Equity
24.4k NOK -21.5k NOK
-187.9%
Cash
24.4k NOK 3 510 NOK
-85.6%
Total assets
54.4k NOK 48.5k NOK
-10.9%

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 16 NOK profit to a loss of 45.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 24.4k NOK → -21.5k NOK (equity ratio 44.9% → -44.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 24.4k NOK → 3 510 NOK (-85.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -44.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 30.0k NOK → 45.0k NOK. Reported fact