ABEKA EIENDOM AS: årsregnskap 2018 vs 2017
Shrank 15% on revenue
approved 2019-03-19; registry 2019-04-04; journal 2019 267492
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABEKA EIENDOM AS. Revenue 512.5k NOK → 434.6k NOK (-15.2%). Equity 203.8k NOK → 110.4k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABEKA EIENDOM AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 58.9k NOK → 111.1k NOK (+88.7% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 512.5k NOK to 434.6k NOK (-15.2% YoY). Calculated
-
↓
Equity eroded
Book equity 203.8k NOK → 110.4k NOK (equity ratio 4.9% → 2.7%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 2.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 77.8k NOK → 630 NOK (-99.2% YoY). Calculated