Org.nr 995 856 166 2015 → 2016 Year-over-year analysis

24SEVENOFFICE NC AS: årsregnskap 2016 vs 2015

Cash halved-plus

approved 2017-04-30; registry 2017-06-17; journal 2017 466122

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for 24SEVENOFFICE NC AS. Equity 210.6k NOK → 176.0k NOK.

Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 24SEVENOFFICE NC AS.

Scorecard

Revenue
4 503 NOK n/m
—
Operating result
n/m -44.8k NOK
—
Net result
n/m -34.6k NOK
—
Equity
210.6k NOK 176.0k NOK
-16.4%
Cash
31.0k NOK 358 NOK
-98.8%
Total assets
2.56m NOK 2.52m NOK
-1.7%

What deteriorated

  • ↓

    Equity eroded

    Book equity 210.6k NOK → 176.0k NOK (equity ratio 8.2% → 7.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 31.0k NOK → 358 NOK (-98.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 210.6k NOK → 176.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 513.5k NOK → 2.49m NOK. Reported fact