ABOX AS: årsregnskap 2018 vs 2017
Shrank 18% on revenue, cash halved-plus
approved 2019-08-09; registry 2019-08-14; journal 2019 922416
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABOX AS. Revenue 3.59m NOK → 2.95m NOK (-18.0%). Equity 304.6k NOK → 101.6k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
3.59m NOK
2.95m NOK
-18.0%
Equity
304.6k NOK
101.6k NOK
-66.7%
Cash
160.4k NOK
77.0k NOK
-52.0%
Total assets
714.4k NOK
510.3k NOK
-28.6%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.59m NOK to 2.95m NOK (-18.0% YoY). Calculated
-
↓
Equity eroded
Book equity 304.6k NOK → 101.6k NOK (equity ratio 42.6% → 19.9%). Calculated
-
↓
Cash fell
Bank deposits 160.4k NOK → 77.0k NOK (-52.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.34× → 0.87× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
COGS moved
COGS / varekostnad 15.7k NOK → 76.0k NOK (+382.5% YoY). Calculated