5D VEKST AS: årsregnskap 2017 vs 2016
Weaker earnings, cash halved-plus
approved 2018-05-27; registry 2018-06-05; journal 2018 405765
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 5D VEKST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +107.0k NOK → +7 557 NOK. Equity -86.4k NOK → -93.9k NOK.
Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 5D VEKST AS.
At a glance
Scorecard
What deteriorated
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↓
Net result weakened
Net result +107.0k NOK → +7 557 NOK. Calculated
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↓
Equity eroded
Book equity -86.4k NOK → -93.9k NOK (equity ratio -868.0% → -1270.3%). Calculated
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↓
Cash fell
Bank deposits 9 952 NOK → 2 395 NOK (-75.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1270.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 160.8k NOK → 5 000 NOK. Reported fact