ABU-SAID EIENDOM AS: årsregnskap 2017 vs 2016
Returned to profit
approved 2018-06-25; registry 2018-06-28; journal 2018 585350
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABU-SAID EIENDOM AS. Revenue 0 NOK → 60.0k NOK. Net result -5 542 NOK → +10.8k NOK. Equity 24.5k NOK → 35.3k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABU-SAID EIENDOM AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 60.0k NOK. Calculated
-
↑
Operating result improved
Operating result -5 570 NOK → +12.5k NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 5 542 NOK to a profit of 10.8k NOK. Calculated
-
↑
Equity strengthened
Book equity 24.5k NOK → 35.3k NOK (equity ratio 81.5% → 1.1%). Calculated
-
↑
Cash rose
Bank deposits 30.0k NOK → 58.2k NOK (+93.9% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 5.39× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation