ABRAHAMSEN EIENDOM AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue, cash halved-plus
approved 2019-03-15; registry 2019-06-06; journal 2019 391886
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABRAHAMSEN EIENDOM AS. Revenue 108.0k NOK → 113 NOK (-99.9%). Equity -234.6k NOK → -232.2k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABRAHAMSEN EIENDOM AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity -234.6k NOK → -232.2k NOK (equity ratio -50.7% → -62.9%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 108.0k NOK to 113 NOK (-99.9% YoY). Calculated
-
↓
Cash fell
Bank deposits 1 627 NOK → 278 NOK (-82.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -62.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation