ABUNDANCE AS: årsregnskap 2018 vs 2017
Another loss-making year
approved 2019-06-05; registry 2019-06-24; journal 2019 510968
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABUNDANCE AS. Net result -44.1k NOK → -35.8k NOK. Equity 1.64m NOK → 1.60m NOK.
On the constructive side: net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABUNDANCE AS.
At a glance
Scorecard
Revenue
n/m
0 NOK
—
Net result
-44.1k NOK
-35.8k NOK
+18.9%
Equity
1.64m NOK
1.60m NOK
-2.2%
Cash
12.9k NOK
203.9k NOK
+1482.7%
Total assets
1.90m NOK
1.80m NOK
-5.0%
What improved
-
↑
Net result improved
Net result -44.1k NOK → -35.8k NOK. Calculated
-
↑
Cash rose
Bank deposits 12.9k NOK → 203.9k NOK (+1482.7% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 1.64m NOK → 1.60m NOK (equity ratio 86.3% → 88.8%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 380.0k NOK → 1.60m NOK. Reported fact