100 METER SKOGEN AS: årsregnskap 2017 vs 2016
Shrank 32% on revenue, fresh owner capital
approved 2018-05-30; registry 2018-08-04; journal 2018 859843
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 100 METER SKOGEN AS. Revenue 108.0k NOK → 73.0k NOK (-32.4%). Equity 724.1k NOK → 704.1k NOK.
On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 100 METER SKOGEN AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 51.8k NOK → 234.5k NOK (+352.8% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 106.5k NOK → 742.5k NOK (+636.0k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 108.0k NOK to 73.0k NOK (-32.4% YoY). Calculated
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↓
Equity eroded
Book equity 724.1k NOK → 704.1k NOK (equity ratio 10.1% → 6.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 3.16m NOK → 6.71m NOK. Reported fact