ABT INVEST AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue, slipped into loss, cash halved-plus
approved 2019-06-28; registry 2019-07-06; journal 2019 628151
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABT INVEST AS. Revenue 233.8k NOK → 233 NOK (-99.9%). Net result +202.0k NOK → -1.05m NOK. Equity 2.50m NOK → 1.45m NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABT INVEST AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.39× → 1.24×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 233.8k NOK to 233 NOK (-99.9% YoY). Calculated
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↓
Operating result weakened
Operating result +201.9k NOK → -659.1k NOK (op. margin 86.4% → -282879.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 202.0k NOK profit to a loss of 1.05m NOK. Calculated
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↓
Equity eroded
Book equity 2.50m NOK → 1.45m NOK (equity ratio 85.0% → 83.4%). Calculated
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↓
Cash fell
Bank deposits 199.1k NOK → 14.7k NOK (-92.6% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.77m NOK → 1.38m NOK. Reported fact