2STABILISE AS: årsregnskap 2017 vs 2016
Grew 2597% on revenue, slipped into loss
approved 2018-03-12; registry 2018-06-28; journal 2018 577140
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 2STABILISE AS. Revenue 507 NOK → 13.7k NOK (+2597.0%). Net result +140 NOK → -2 091 NOK. Equity 0 NOK → -1.99m NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for 2STABILISE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 507 NOK to 13.7k NOK (+2597.0% YoY). Calculated
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↑
Cash rose
Bank deposits 261 NOK → 1 626 NOK (+523.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.30× → 2511.41×. Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 140 NOK profit to a loss of 2 091 NOK. Calculated
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↓
Equity eroded
Book equity 0 NOK → -1.99m NOK. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -27.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 939 NOK → 9 147 NOK (185% → 67% of revenue). Calculated