1896 INVEST AS: årsregnskap 2016 vs 2015
Slipped into loss
approved 2017-03-24; registry 2017-06-26; journal 2017 535415
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 1896 INVEST AS. Net result +31.1k NOK → -80.7k NOK. Equity 414.1k NOK → 333.0k NOK.
Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1896 INVEST AS.
At a glance
Scorecard
Net result
+31.1k NOK
-80.7k NOK
-359.3%
Equity
414.1k NOK
333.0k NOK
-19.6%
Cash
1.80m NOK
1.58m NOK
-12.0%
Total assets
4.05m NOK
3.99m NOK
-1.5%
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 31.1k NOK profit to a loss of 80.7k NOK. Calculated
-
↓
Equity eroded
Book equity 414.1k NOK → 333.0k NOK (equity ratio 10.2% → 8.3%). Calculated
-
↓
Cash fell
Bank deposits 1.80m NOK → 1.58m NOK (-12.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation