Org.nr 991 960 740 2015 → 2016 Year-over-year analysis

58PLUS AS: årsregnskap 2016 vs 2015

Mixed movements in the accounts

approved 2016-12-31; registry 2017-06-07; journal 2017 392435

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for 58PLUS AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 15.55m NOK → 10.43m NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 58PLUS AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Equity
15.55m NOK 10.43m NOK
-33.0%
Cash
61.2k NOK 2.18m NOK
+3464.5%
Total assets
15.87m NOK 10.78m NOK
-32.1%

What improved

  • ↑

    Cash rose

    Bank deposits 61.2k NOK → 2.18m NOK (+3464.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.19× → 20.69×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 15.55m NOK → 10.43m NOK (equity ratio 98.0% → 96.8%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2 550 NOK → 3.55m NOK. Reported fact