2RZ HOLDING AS: årsregnskap 2016 vs 2015
Shrank 58% on revenue, cash halved-plus
approved 2017-06-25; registry 2017-07-29; journal 2017 784310
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 2RZ HOLDING AS. Revenue 685.0k NOK → 284.4k NOK (-58.5%). Equity 2.53m NOK → 2.16m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 2RZ HOLDING AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 685.0k NOK to 284.4k NOK (-58.5% YoY). Calculated
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↓
Equity eroded
Book equity 2.53m NOK → 2.16m NOK (equity ratio 64.9% → 97.5%). Calculated
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↓
Cash fell
Bank deposits 2.25m NOK → 778.6k NOK (-65.5% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (2.25m NOK → 778.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Paid-in equity reduced
Paid-in equity fell 700.0k NOK → 35.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 299.2k NOK → 19.6k NOK. Reported fact