Org.nr 987 634 286 2017 → 2018 Year-over-year analysis

ABS INVEST AS: årsregnskap 2018 vs 2017

Fresh owner capital

approved 2019-06-21; registry 2019-07-09; journal 2019 653969

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABS INVEST AS. Net result -179.6k NOK → -164.6k NOK. Equity 5.71m NOK → 5.55m NOK.

On the constructive side: net result improved; cash rose; current ratio back above 1×. Pressures included: equity eroded.

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

At a glance

Operating result

-38.1k NOK n/m

—

Net result

-179.6k NOK -164.6k NOK

+8.3%

Equity

5.71m NOK 5.55m NOK

-2.9%

Cash

862.4k NOK 1.03m NOK

+19.8%

Total assets

7.39m NOK 6.22m NOK

-15.8%

↑
Net result improved

Net result -179.6k NOK → -164.6k NOK. Calculated
↑
Cash rose

Bank deposits 862.4k NOK → 1.03m NOK (+19.8% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.86× → 1127.69×. Calculated
↑
Owners injected capital

Paid-in equity rose 922.8k NOK → 4.92m NOK (+4.00m NOK). Reported fact

↓
Equity eroded

Book equity 5.71m NOK → 5.55m NOK (equity ratio 77.3% → 89.1%). Calculated

·
Book investments changed

Investment / intangible book value 2.52m NOK → 4.32m NOK. Reported fact