ABUNDANCE AS: årsregnskap 2017 vs 2016
Weaker earnings
approved 2018-05-26; registry 2018-06-06; journal 2018 412962
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABUNDANCE AS. Net result -11.6k NOK → -44.1k NOK. Equity 1.68m NOK → 1.64m NOK.
On the constructive side: current ratio back above 1×. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABUNDANCE AS.
At a glance
Scorecard
Net result
-11.6k NOK
-44.1k NOK
-280.5%
Equity
1.68m NOK
1.64m NOK
-2.6%
Cash
21.8k NOK
12.9k NOK
-40.9%
Total assets
2.02m NOK
1.90m NOK
-5.9%
What improved
-
↑
Current ratio back above 1×
Current ratio 0.06× → 1.07×. Calculated
What deteriorated
-
↓
Net result weakened
Net result -11.6k NOK → -44.1k NOK. Calculated
-
↓
Equity eroded
Book equity 1.68m NOK → 1.64m NOK (equity ratio 83.3% → 86.3%). Calculated
-
↓
Cash fell
Bank deposits 21.8k NOK → 12.9k NOK (-40.9% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 2 380 NOK → 380.0k NOK. Reported fact