Org.nr 911 366 274 2016 → 2017 Year-over-year analysis

ABO AS: årsregnskap 2017 vs 2016

Cash halved-plus

approved 2018-05-08; registry 2018-07-09; journal 2018 642289

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABO AS. Revenue 546.7k NOK → 546.7k NOK (0.0%). Equity 20.80m NOK → 16.93m NOK.

Pressures included: equity eroded; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABO AS.

At a glance

Revenue

546.7k NOK 546.7k NOK

0.0%

Operating result

n/m -68.1k NOK

—

Net result

n/m +127.5k NOK

—

Equity

20.80m NOK 16.93m NOK

-18.6%

Cash

22.40m NOK 3.03m NOK

-86.5%

Total assets

23.31m NOK 17.93m NOK

-23.1%

↓
Equity eroded

Book equity 20.80m NOK → 16.93m NOK (equity ratio 89.3% → 94.4%). Calculated
↓
Cash fell

Bank deposits 22.40m NOK → 3.03m NOK (-86.5% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (22.40m NOK → 3.03m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 903.3k NOK → 14.90m NOK. Reported fact