67NORTH AS: årsregnskap 2016 vs 2015
Cash halved-plus
approved 2017-07-21; registry 2017-08-07; journal 2017 843100
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 67NORTH AS. Equity -59.2k NOK → -130.4k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 67NORTH AS.
At a glance
Scorecard
Revenue
0 NOK
n/m
—
Equity
-59.2k NOK
-130.4k NOK
-120.2%
Cash
8 835 NOK
77 NOK
-99.1%
Total assets
237.4k NOK
146.3k NOK
-38.4%
What deteriorated
-
↓
Equity eroded
Book equity -59.2k NOK → -130.4k NOK (equity ratio -25.0% → -89.2%). Calculated
-
↓
Cash fell
Bank deposits 8 835 NOK → 77 NOK (-99.1% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -89.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation