67NORTH AS: årsregnskap 2017 vs 2016
Mixed movements in the accounts
approved 2018-06-30; registry 2018-07-05; journal 2018 640873
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 67NORTH AS. Equity -130.4k NOK → -161.5k NOK.
Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 67NORTH AS.
At a glance
Scorecard
Equity
-130.4k NOK
-161.5k NOK
-23.8%
Cash
77 NOK
77 NOK
0.0%
Total assets
146.3k NOK
122.8k NOK
-16.1%
What deteriorated
-
↓
Equity eroded
Book equity -130.4k NOK → -161.5k NOK (equity ratio -89.2% → -131.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -131.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation