Org.nr 982 078 512 2017 → 2018 Year-over-year analysis

ABSHERON AS: årsregnskap 2018 vs 2017

Shrank 100% on revenue

approved 2019-05-22; registry 2019-06-15; journal 2019 439586

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ABSHERON AS. Revenue 10.0k NOK → 0 NOK (-100.0%). Net result +81.3k NOK → +68.3k NOK. Equity 893.6k NOK → 961.9k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
10.0k NOK 0 NOK
-100.0%
Operating result
-4 745 NOK -35.0k NOK
-637.4%
Net result
+81.3k NOK +68.3k NOK
-16.0%
Equity
893.6k NOK 961.9k NOK
+7.6%
Cash
718 NOK 6 617 NOK
+821.6%
Total assets
3.80m NOK 4.13m NOK
+8.7%

What improved

  • ↑

    Equity strengthened

    Book equity 893.6k NOK → 961.9k NOK (equity ratio 23.5% → 23.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 718 NOK → 6 617 NOK (+821.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.0k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -4 745 NOK → -35.0k NOK. Calculated

  • ↓

    Net result weakened

    Net result +81.3k NOK → +68.3k NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.55m NOK → 1.44m NOK. Reported fact