Org.nr 898 538 702 2017 → 2018 Year-over-year analysis

ABRAHAMSSON HOLDING AS: årsregnskap 2018 vs 2017

Weaker earnings, cash halved-plus

approved 2019-03-05; registry 2019-03-20; journal 2019 244952

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ABRAHAMSSON HOLDING AS. Net result -14.7k NOK → -106.1k NOK. Equity 216.9k NOK → 110.8k NOK.

On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ABRAHAMSSON HOLDING AS.

Scorecard

Operating result
-15.0k NOK -106.2k NOK
-608.0%
Net result
-14.7k NOK -106.1k NOK
-619.4%
Equity
216.9k NOK 110.8k NOK
-48.9%
Cash
423.9k NOK 36.9k NOK
-91.3%
Total assets
90.6k NOK 980.9k NOK
+982.1%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.10× → 1.13×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -15.0k NOK → -106.2k NOK. Calculated

  • ↓

    Net result weakened

    Net result -14.7k NOK → -106.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 216.9k NOK → 110.8k NOK (equity ratio 239.3% → 11.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 423.9k NOK → 36.9k NOK (-91.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 318.5k NOK → 110.8k NOK — check capital reduction, conversion, or reclassification. Interpretation