FirmaIQ
Org.nr 919 815 477 2017 → 2018 Year-over-year analysis

ABLEON MEDICAL AS: årsregnskap 2018 vs 2017

Shrank 100% on revenue, slipped into loss, cash halved-plus

approved 2019-06-30; registry 2019-07-09; journal 2019 646493

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABLEON MEDICAL AS. Revenue 25.1k NOK → 0 NOK (-100.0%). Net result +10.0k NOK → -47.9k NOK. Equity 218.2k NOK → 170.3k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
25.1k NOK 0 NOK
-100.0%
Operating result
+1 915 NOK -59.8k NOK
-3222.5%
Net result
+10.0k NOK -47.9k NOK
-577.3%
Equity
218.2k NOK 170.3k NOK
-22.0%
Cash
365.4k NOK 8 613 NOK
-97.6%
Total assets
807.4k NOK 306.8k NOK
-62.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 25.1k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1 915 NOK → -59.8k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 10.0k NOK profit to a loss of 47.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 218.2k NOK → 170.3k NOK (equity ratio 27.0% → 55.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 365.4k NOK → 8 613 NOK (-97.6% YoY). Calculated