ABYSS AKVASERVICE AS: årsregnskap 2018 vs 2017
A steady year on the published lines
approved 2019-06-30; registry 2019-07-16; journal 2019 721508
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABYSS AKVASERVICE AS. Revenue 14.24bn NOK → 14.22bn NOK (-0.1%). Equity 8.10bn NOK → 8.12m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABYSS AKVASERVICE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 2.06m NOK → 7.09m NOK (+244.6% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 14.24bn NOK to 14.22bn NOK (-0.1% YoY). Calculated
-
↓
Equity eroded
Book equity 8.10bn NOK → 8.12m NOK (equity ratio 2206.9% → 2.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 190.9k NOK → 131.3k NOK (-31.2% YoY). Calculated