ABI 3 OASEN NÆRINGSGÅRD AS: årsregnskap 2018 vs 2017
Shrank 25% on revenue, weaker earnings
approved 2019-05-23; registry 2019-06-18; journal 2019 454183
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABI 3 OASEN NÆRINGSGÅRD AS. Revenue 216.0k NOK → 162.0k NOK (-25.0%). Net result -6 442 NOK → -16.6k NOK. Equity -479.9k NOK → -496.5k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABI 3 OASEN NÆRINGSGÅRD AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 216.0k NOK to 162.0k NOK (-25.0% YoY). Calculated
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Operating result weakened
Operating result +168.3k NOK → +149.4k NOK (op. margin 77.9% → 92.2%). Calculated
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↓
Net result weakened
Net result -6 442 NOK → -16.6k NOK (net margin -3.0% → -10.2%). Calculated
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↓
Equity eroded
Book equity -479.9k NOK → -496.5k NOK (equity ratio -5.3% → -5.5%). Calculated
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Cash fell
Bank deposits 80.1k NOK → 46.2k NOK (-42.3% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -5.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation