301 INVEST AS: årsregnskap 2017 vs 2016
Shrank 85% on revenue
approved 2018-04-09; registry 2018-08-07; journal 2018 889174
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 301 INVEST AS. Revenue 634.5k NOK → 96.1k NOK (-84.9%). Equity 491.7k NOK → 1 NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 301 INVEST AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +507.2k NOK → +766.1k NOK (op. margin 79.9% → 797.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 634.5k NOK to 96.1k NOK (-84.9% YoY). Calculated
-
↓
Equity eroded
Book equity 491.7k NOK → 1 NOK (equity ratio 68.4% → 0.0%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.16× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation