ABELNES HAVN OG LOGISTIKK AS: årsregnskap 2018 vs 2017
Grew 138% on revenue, cash halved-plus
approved 2019-06-30; registry 2019-08-08; journal 2019 892818
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABELNES HAVN OG LOGISTIKK AS. Revenue 1.58m NOK → 3.75m NOK (+138.2%). Equity 592.3k NOK → 995.3k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABELNES HAVN OG LOGISTIKK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.58m NOK to 3.75m NOK (+138.2% YoY). Calculated
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↑
Equity strengthened
Book equity 592.3k NOK → 995.3k NOK (equity ratio 69.9% → 675.6%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 52.7k NOK → -73.3k NOK (-239.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.05× → 0.57× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 400.0k NOK → 442 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 5 343 NOK → 1.21m NOK (0% → 32% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 26.7k NOK → 419.8k NOK (+1471.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 68.6k NOK → 60.9k NOK. Reported fact