ABRAHALLEN AS: årsregnskap 2018 vs 2017
Shrank 6% on revenue, cash halved-plus
approved 2019-04-11; registry 2019-04-29; journal 2019 292507
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABRAHALLEN AS. Revenue 1.99m NOK → 1.88m NOK (-5.7%). Equity 5.59m NOK → 5.09m NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.99m NOK
1.88m NOK
-5.7%
Net result
+2 017 NOK
n/m
—
Equity
5.59m NOK
5.09m NOK
-8.9%
Cash
818.9k NOK
287.6k NOK
-64.9%
Total assets
22.61m NOK
22.40m NOK
-0.9%
What improved
-
↑
Current ratio back above 1×
Current ratio 0.21× → 1.77×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.99m NOK to 1.88m NOK (-5.7% YoY). Calculated
-
↓
Equity eroded
Book equity 5.59m NOK → 5.09m NOK (equity ratio 24.7% → 22.7%). Calculated
-
↓
Cash fell
Bank deposits 818.9k NOK → 287.6k NOK (-64.9% YoY). Calculated