ABU-SAID EIENDOM AS: årsregnskap 2018 vs 2017
Slipped into loss
approved 2019-06-29; registry 2019-07-09; journal 2019 639147
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABU-SAID EIENDOM AS. Revenue 60.0k NOK → 60.0k NOK (0.0%). Net result +10.8k NOK → -69.1k NOK. Equity 35.3k NOK → -33.8k NOK.
Pressures included: operating result weakened; fell into a net loss; equity eroded.
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 deteriorated
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↓
Operating result weakened
Operating result +12.5k NOK → -69.1k NOK (op. margin 20.8% → -115.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 10.8k NOK profit to a loss of 69.1k NOK. Calculated
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↓
Equity eroded
Book equity 35.3k NOK → -33.8k NOK (equity ratio 1.1% → -1.1%). Calculated
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↓
Cash fell
Bank deposits 58.2k NOK → 37.2k NOK (-36.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation