Org.nr 914 765 730 2017 → 2018 Year-over-year analysis

ABELSEN TØMRERSERVICE AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-06-30; registry 2019-07-20; journal 2019 758847

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABELSEN TØMRERSERVICE AS. Revenue 3.27m NOK → 3.36m NOK (+2.9%). Equity 395.9k NOK → 568.8k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABELSEN TØMRERSERVICE AS.

At a glance

Revenue

3.27m NOK 3.36m NOK

+2.9%

Operating result

+231.6k NOK n/m

—

Net result

+175.8k NOK n/m

—

Equity

395.9k NOK 568.8k NOK

+43.7%

Cash

840.7k NOK 98.8k NOK

-88.2%

Total assets

943.5k NOK 1 191 NOK

-99.9%

↑
Revenue rose

Operating income / revenue moved from 3.27m NOK to 3.36m NOK (+2.9% YoY). Calculated
↑
Equity strengthened

Book equity 395.9k NOK → 568.8k NOK (equity ratio 42.0% → 47755.9%). Calculated

↓
Cash fell

Bank deposits 840.7k NOK → 98.8k NOK (-88.2% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.61× → 0.23× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated