ABS-MASKIN AS: årsregnskap 2017 vs 2016
Mixed movements in the accounts
approved 2018-06-29; registry 2018-07-30; journal 2018 814382
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABS-MASKIN AS. Revenue 43.03m NOK → 42.70m NOK (-0.8%). Equity 10.88m NOK → 6.98m NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABS-MASKIN AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.55× → 1.13×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 43.03m NOK to 42.70m NOK (-0.8% YoY). Calculated
-
↓
Equity eroded
Book equity 10.88m NOK → 6.98m NOK (equity ratio 23.7% → 17.8%). Calculated
-
↓
Cash fell
Bank deposits 19.04m NOK → 17.91m NOK (-5.9% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 10.88m NOK → 6.98m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 32.21m NOK → 30.51m NOK (-5.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2.29m NOK → 1.53m NOK. Reported fact