ABINTUS AS: årsregnskap 2017 vs 2016
Shrank 9% on revenue
approved 2018-07-09; registry 2018-07-14; journal 2018 708312
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABINTUS AS. Revenue 743.0k NOK → 678.4k NOK (-8.7%). Equity 9.25m NOK → 410.0k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABINTUS AS.
At a glance
Scorecard
Revenue
743.0k NOK
678.4k NOK
-8.7%
Equity
9.25m NOK
410.0k NOK
-95.6%
Cash
266.0k NOK
540.6k NOK
+103.2%
Total assets
311.1k NOK
586.64m NOK
+188494.0%
What improved
-
↑
Cash rose
Bank deposits 266.0k NOK → 540.6k NOK (+103.2% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 743.0k NOK to 678.4k NOK (-8.7% YoY). Calculated
-
↓
Equity eroded
Book equity 9.25m NOK → 410.0k NOK (equity ratio 2973.5% → 0.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation