ABIF TOMTEFESTE I LØKKETANGEN AS: årsregnskap 2018 vs 2017
Slipped into loss, cash halved-plus
approved 2019-03-12; registry 2019-06-04; journal 2019 374288
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABIF TOMTEFESTE I LØKKETANGEN AS. Net result +13.2k NOK → -24.8k NOK. Equity -52.2k NOK → -77.0k NOK.
Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABIF TOMTEFESTE I LØKKETANGEN AS.
At a glance
Scorecard
What deteriorated
-
↓
Operating result weakened
Operating result -13.5k NOK → -25.0k NOK. Calculated
-
↓
Fell into a net loss
Net result flipped from 13.2k NOK profit to a loss of 24.8k NOK. Calculated
-
↓
Equity eroded
Book equity -52.2k NOK → -77.0k NOK (equity ratio -98.1% → -311.7%). Calculated
-
↓
Cash fell
Bank deposits 53.2k NOK → 24.7k NOK (-53.6% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -311.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation