ABELNES HOLDING AS: årsregnskap 2019 vs 2018
Weaker earnings, cash halved-plus
approved 2020-06-03; registry 2020-08-19; journal 2020 681358
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABELNES HOLDING AS. Net result -40.6k NOK → -101.3k NOK.
Pressures included: net result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABELNES HOLDING AS.
At a glance
Scorecard
Operating result
n/m
-96.5k NOK
—
Net result
-40.6k NOK
-101.3k NOK
-149.6%
Cash
7 887 NOK
3 477 NOK
-55.9%
Total assets
670.4k NOK
623.2k NOK
-7.0%
What deteriorated
-
↓
Net result weakened
Net result -40.6k NOK → -101.3k NOK. Calculated
-
↓
Cash fell
Bank deposits 7 887 NOK → 3 477 NOK (-55.9% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.19× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 662.5k NOK → 619.7k NOK. Reported fact