Org.nr 917 666 040 2017 → 2018 Year-over-year analysis

ABN INVEST AS: årsregnskap 2018 vs 2017

Weaker earnings, cash halved-plus

approved 2019-05-27; registry 2019-06-17; journal 2019 443128

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ABN INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +838.4k NOK → +574.2k NOK. Equity 4.37m NOK → 8.94m NOK.

On the constructive side: equity strengthened. Pressures included: net result weakened; cash fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABN INVEST AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Net result
+838.4k NOK +574.2k NOK
-31.5%
Equity
4.37m NOK 8.94m NOK
+104.7%
Cash
344.4k NOK 1 580 NOK
-99.5%
Total assets
5.20m NOK 12.52m NOK
+140.9%

What improved

  • ↑

    Equity strengthened

    Book equity 4.37m NOK → 8.94m NOK (equity ratio 84.0% → 71.4%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +838.4k NOK → +574.2k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 344.4k NOK → 1 580 NOK (-99.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 747.15× → 0.67× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.85m NOK → 10.94m NOK. Reported fact