ABRAX AS: årsregnskap 2017 vs 2016
Mixed movements in the accounts
approved 2018-04-16; registry 2018-04-26; journal 2018 288201
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABRAX AS. Revenue 0 NOK → 0 NOK (0.0%). Equity -48.3k NOK → -65.8k NOK.
On the constructive side: cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABRAX AS.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Equity
-48.3k NOK
-65.8k NOK
-36.2%
Cash
0 NOK
2 847 NOK
—
Total assets
0 NOK
351.3k NOK
—
What improved
-
↑
Cash rose
Bank deposits 0 NOK → 2 847 NOK (None YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -48.3k NOK → -65.8k NOK. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -18.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation