0DIN HOLDING AS: årsregnskap 2017 vs 2016
Stronger earnings, cash halved-plus
approved 2018-06-28; registry 2018-07-04; journal 2018 621065
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 0DIN HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result 0 NOK → +190.6k NOK. Equity 24.4k NOK → -166.1k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 0DIN HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result 0 NOK → +1 615 NOK. Calculated
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↑
Net result improved
Net result 0 NOK → +190.6k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 24.4k NOK → -166.1k NOK (equity ratio 1.7% → -8.6%). Calculated
-
↓
Cash fell
Bank deposits 24.4k NOK → 71 NOK (-99.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 1 402 NOK → 1.40m NOK. Reported fact