A & BIRGER LUNKE AS: årsregnskap 2017 vs 2016
Shrank 81% on revenue, slipped into loss, cash halved-plus
approved 2018-06-27; registry 2018-07-03; journal 2018 617783
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A & BIRGER LUNKE AS. Revenue 199.3k NOK → 37.6k NOK (-81.1%). Net result +84.8k NOK → -93.6k NOK. Equity 12.75m NOK → 11 NOK.
Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for A & BIRGER LUNKE AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 199.3k NOK to 37.6k NOK (-81.1% YoY). Calculated
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Fell into a net loss
Net result flipped from 84.8k NOK profit to a loss of 93.6k NOK. Calculated
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Equity eroded
Book equity 12.75m NOK → 11 NOK (equity ratio 323.4% → 0.0%). Calculated
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Cash fell
Bank deposits 2.82m NOK → 725.7k NOK (-74.3% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Sharp cash drawdown
Cash fell by more than 60% YoY (2.82m NOK → 725.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Paid-in equity reduced
Paid-in equity fell 877.4k NOK → 571.5k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 71.6k NOK → 1.15m NOK. Reported fact