Org.nr 995 469 936 2016 → 2017 Year-over-year analysis

ABITAR AS: årsregnskap 2017 vs 2016

Shrank 100% on revenue, cash halved-plus

approved 2018-06-29; registry 2018-08-07; journal 2018 876358

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABITAR AS. Revenue 7.80m NOK → 7 800 NOK (-99.9%). Equity 109.8k NOK → 76.7k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABITAR AS.

At a glance

Revenue

7.80m NOK 7 800 NOK

-99.9%

Operating result

n/m -37.8k NOK

—

Net result

n/m -33.1k NOK

—

Equity

109.8k NOK 76.7k NOK

-30.2%

Cash

3 714 NOK 75 NOK

-98.0%

Total assets

404.6k NOK 118.3k NOK

-70.8%

↓
Revenue fell

Operating income / revenue moved from 7.80m NOK to 7 800 NOK (-99.9% YoY). Calculated
↓
Equity eroded

Book equity 109.8k NOK → 76.7k NOK (equity ratio 27.1% → 64.8%). Calculated
↓
Cash fell

Bank deposits 3 714 NOK → 75 NOK (-98.0% YoY). Calculated

·
COGS fell

COGS / varekostnad 5.96m NOK → 5 961 NOK (-99.9% YoY). Calculated
·
Book investments changed

Investment / intangible book value 400.9k NOK → 118.2k NOK. Reported fact