ABN INVEST AS: årsregnskap 2018 vs 2017
Weaker earnings, cash halved-plus
approved 2019-05-27; registry 2019-06-17; journal 2019 443128
Summary
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.
At a glance
Scorecard
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
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·
Book investments changed
Investment / intangible book value 4.85m NOK → 10.94m NOK. Reported fact