633 17 GT HOLDING AS: årsregnskap 2016 vs 2015
Returned to profit
approved 2017-06-20; registry 2017-07-03; journal 2017 579149
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 633 17 GT HOLDING AS. Net result -22.36m NOK → +148.1k NOK. Equity 350.18m NOK → 350.03m NOK.
On the constructive side: operating result improved; turned profitable; current ratio back above 1×. Pressures included: equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 633 17 GT HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +128.2k NOK → +443.0k NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 22.36m NOK to a profit of 148.1k NOK. Calculated
-
↑
Current ratio back above 1×
Current ratio 0.20× → 388.07×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 350.18m NOK → 350.03m NOK (equity ratio 99.8% → 99.7%). Calculated
-
↓
Cash fell
Bank deposits 159.0k NOK → 105.9k NOK (-33.4% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 350.83m NOK → 6.35bn NOK. Reported fact