ABELEE AS: årsregnskap 2018 vs 2017
Grew 151% on revenue, slipped into loss, fresh owner capital
approved 2019-03-11; registry 2019-04-01; journal 2019 260018
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABELEE AS. Revenue 856 NOK → 2 147 NOK (+150.8%). Net result +924 NOK → -13.2k NOK. Equity 0 NOK → 4.11bn NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABELEE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 856 NOK to 2 147 NOK (+150.8% YoY). Calculated
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↑
Equity strengthened
Book equity 0 NOK → 4.11bn NOK. Calculated
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↑
Cash rose
Bank deposits 401 NOK → 105.0k NOK (+26081.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.47× → 23.20×. Calculated
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↑
Owners injected capital
Paid-in equity rose 0 NOK → 121.9k NOK (+121.9k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +384 NOK → -13.5k NOK (op. margin 44.9% → -629.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 924 NOK profit to a loss of 13.2k NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 166 NOK → 8 215 NOK. Reported fact