Org.nr 987 634 286 2016 → 2017 Year-over-year analysis

ABS INVEST AS: årsregnskap 2017 vs 2016

Weaker earnings

approved 2018-05-25; registry 2018-06-27; journal 2018 574315

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ABS INVEST AS. Net result -99.3k NOK → -179.6k NOK. Equity 1.89m NOK → 5.71m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABS INVEST AS.

Scorecard

Operating result
-34.1k NOK -38.1k NOK
-11.9%
Net result
-99.3k NOK -179.6k NOK
-80.9%
Equity
1.89m NOK 5.71m NOK
+202.2%
Cash
741.5k NOK 862.4k NOK
+16.3%
Total assets
2.56m NOK 7.39m NOK
+188.8%

What improved

  • ↑

    Equity strengthened

    Book equity 1.89m NOK → 5.71m NOK (equity ratio 73.9% → 77.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 741.5k NOK → 862.4k NOK (+16.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -34.1k NOK → -38.1k NOK. Calculated

  • ↓

    Net result weakened

    Net result -99.3k NOK → -179.6k NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 320.98× → 0.86× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.81m NOK → 2.52m NOK. Reported fact