A BYGG GRUPPEN AS: årsregnskap 2017 vs 2016
Grew 99900% on revenue
approved 2018-06-26; registry 2018-08-01; journal 2018 839379
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A BYGG GRUPPEN AS. Revenue 200 NOK → 200.0k NOK (+99900.0%). Equity -5.52m NOK → -12.69m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for A BYGG GRUPPEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 200 NOK to 200.0k NOK (+99900.0% YoY). Calculated
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↑
Cash rose
Bank deposits 44.6k NOK → 152.8k NOK (+242.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -114.5k NOK → -517.2k NOK (op. margin -57236.5% → -258.6%). Calculated
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↓
Equity eroded
Book equity -5.52m NOK → -12.69m NOK (equity ratio -27.6% → -114.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 6.40× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -114.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 3.96m NOK → 187.1k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 30.67m NOK → 40.40m NOK (15334673% → 20200% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 399.68m NOK → 2.35bn NOK (+488.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 7 500 NOK → 763.6k NOK. Reported fact