Org.nr 915 614 558 2015 → 2016 Year-over-year analysis

A.BINGEN HOLDING AS: årsregnskap 2016 vs 2015

Weaker earnings, fresh owner capital

approved 2017-04-07; registry 2017-05-04; journal 2017 307508

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for A.BINGEN HOLDING AS. Net result +1.34m NOK → +834.4k NOK. Equity 5.10m NOK → 712.2k NOK.

On the constructive side: owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A.BINGEN HOLDING AS.

At a glance

Revenue

n/m 0 NOK

—

Operating result

0 NOK -15.7k NOK

—

Net result

+1.34m NOK +834.4k NOK

-37.7%

Equity

5.10m NOK 712.2k NOK

-86.0%

Cash

80.0k NOK 80.2k NOK

+0.1%

Total assets

1.45m NOK 2.91m NOK

+100.8%

↑
Owners injected capital

Paid-in equity rose 100.0k NOK → 712.2k NOK (+612.2k NOK). Reported fact

↓
Operating result weakened

Operating result 0 NOK → -15.7k NOK. Calculated
↓
Net result weakened

Net result +1.34m NOK → +834.4k NOK. Calculated
↓
Equity eroded

Book equity 5.10m NOK → 712.2k NOK (equity ratio 352.0% → 24.5%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1055.80× → 0.42× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Book investments changed

Investment / intangible book value 30.0k NOK → 1.98m NOK. Reported fact