ABOVA AS: årsregnskap 2017 vs 2016
Cash halved-plus
approved 2018-05-28; registry 2018-07-19; journal 2018 725049
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABOVA AS. Revenue 0 NOK → 145.4k NOK. Equity 13.20m NOK → 13.32m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABOVA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 145.4k NOK. Calculated
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↑
Operating result improved
Operating result -17.3k NOK → +127.6k NOK. Calculated
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↑
Equity strengthened
Book equity 13.20m NOK → 13.32m NOK (equity ratio 99.9% → 99.7%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 13.17m NOK → 4.22m NOK (-67.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (13.17m NOK → 4.22m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 368 NOK → 9 145 NOK. Reported fact