FirmaIQ
Org.nr 914 081 041 2017 → 2018 Year-over-year analysis

ABEL UTVIKLING AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-04-23; registry 2019-06-25; journal 2019 527526

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABEL UTVIKLING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +3 367 NOK → +6 873 NOK. Equity 21.6k NOK → 14.7k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABEL UTVIKLING AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+3 375 NOK +6 875 NOK
+103.7%
Net result
+3 367 NOK +6 873 NOK
+104.1%
Equity
21.6k NOK 14.7k NOK
-31.9%
Cash
8 575 NOK 154 NOK
-98.2%
Total assets
309.9k NOK 304.2k NOK
-1.9%

What improved

  • ↑

    Operating result improved

    Operating result +3 375 NOK → +6 875 NOK. Calculated

  • ↑

    Net result improved

    Net result +3 367 NOK → +6 873 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 21.6k NOK → 14.7k NOK (equity ratio 7.0% → 4.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 8 575 NOK → 154 NOK (-98.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation