24SEVENOFFICE NC AS: årsregnskap 2017 vs 2016
Weaker earnings
approved 2018-06-18; registry 2018-06-27; journal 2018 580060
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 24SEVENOFFICE NC AS. Net result -34.6k NOK → -108.0k NOK. Equity 176.0k NOK → 68.0k NOK.
On the constructive side: operating result improved; cash rose; current ratio back above 1×. Pressures included: net result weakened; equity eroded.
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.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -44.8k NOK → +288.5k NOK. Calculated
-
↑
Cash rose
Bank deposits 358 NOK → 38.1k NOK (+10548.0% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.10× → 1.28×. Calculated
What deteriorated
-
↓
Net result weakened
Net result -34.6k NOK → -108.0k NOK. Calculated
-
↓
Equity eroded
Book equity 176.0k NOK → 68.0k NOK (equity ratio 7.0% → 2.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 176.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 2.49m NOK → 2.32m NOK. Reported fact