A B ARCTIC AS: årsregnskap 2016 vs 2015
Grew 12663% on revenue
approved 2017-04-07; registry 2017-08-08; journal 2017 857811
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A B ARCTIC AS. Revenue 12.4k NOK → 1.58m NOK (+12663.2%). Equity -5 135 NOK → -486.4k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A B ARCTIC AS.
At a glance
Scorecard
Revenue
12.4k NOK
1.58m NOK
+12663.2%
Operating result
-55.1k NOK
n/m
—
Equity
-5 135 NOK
-486.4k NOK
-9372.5%
Cash
265 NOK
444 NOK
+67.5%
Total assets
265 NOK
694 NOK
+161.9%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 12.4k NOK to 1.58m NOK (+12663.2% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -5 135 NOK → -486.4k NOK (equity ratio -1937.7% → -70088.6%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -70088.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation