A B ARCTIC AS: årsregnskap 2017 vs 2016
Shrank 59% on revenue
approved 2018-05-08; registry 2018-07-26; journal 2018 795829
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A B ARCTIC AS. Revenue 1.58m NOK → 649.5k NOK (-58.8%). Equity -486.4k NOK → -1.11m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
1.58m NOK
649.5k NOK
-58.8%
Equity
-486.4k NOK
-1.11m NOK
-128.3%
Cash
444 NOK
93.0k NOK
+20838.7%
Total assets
694 NOK
359.7k NOK
+51737.0%
What improved
-
↑
Cash rose
Bank deposits 444 NOK → 93.0k NOK (+20838.7% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.58m NOK to 649.5k NOK (-58.8% YoY). Calculated
-
↓
Equity eroded
Book equity -486.4k NOK → -1.11m NOK (equity ratio -70088.6% → -308.7%). Calculated