1.618 GROUP AS: årsregnskap 2016 vs 2015
Slipped into loss
approved 2017-06-20; registry 2017-07-01; journal 2017 577415
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 1.618 GROUP AS. Revenue 0 NOK → 1.08m NOK. Net result +13.1k NOK → -272.0k NOK. Equity 11.3k NOK → -260.7k NOK.
On the constructive side: revenue rose. 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 1.618 GROUP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 1.08m NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -13.1k NOK → -264.8k NOK. Calculated
-
↓
Fell into a net loss
Net result flipped from 13.1k NOK profit to a loss of 272.0k NOK. Calculated
-
↓
Equity eroded
Book equity 11.3k NOK → -260.7k NOK (equity ratio 45.6% → -62.5%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.84× → 0.45× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -62.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation