ABRAFAM EIENDOM AS: årsregnskap 2017 vs 2016
Shrank 54% on revenue, cash halved-plus
approved 2018-01-22; registry 2018-01-29; journal 2018 203558
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABRAFAM EIENDOM AS. Revenue 90.0k NOK → 41.5k NOK (-53.9%). Equity 7.43m NOK → 7.52m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: operating result unchanged; book investments changed. All figures are taken from the published annual accounts for ABRAFAM EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 7.43m NOK → 7.52m NOK (equity ratio 97.0% → 91.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 90.0k NOK to 41.5k NOK (-53.9% YoY). Calculated
-
↓
Cash fell
Bank deposits 714.8k NOK → 152.2k NOK (-78.7% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 11.39× → 0.29× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Operating result unchanged
Operating result +58.7k NOK → +58.7k NOK (op. margin 65.2% → 141.4%). Calculated
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·
Book investments changed
Investment / intangible book value 5.17m NOK → 6.26m NOK. Reported fact