ABELSNES INVEST AS: årsregnskap 2019 vs 2018
Grew 567% on revenue
approved 2020-08-31; registry 2020-09-07; journal 2020 765046
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABELSNES INVEST AS. Revenue 9 000 NOK → 60.0k NOK (+566.7%). Equity -237.8k NOK → -210.5k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABELSNES INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9 000 NOK to 60.0k NOK (+566.7% YoY). Calculated
-
↑
Equity strengthened
Book equity -237.8k NOK → -210.5k NOK (equity ratio -24.9% → -47.2%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.14× → 12.67×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 71.3k NOK → 53.6k NOK (-24.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -47.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 576.6k NOK → 989.6k NOK. Reported fact