A.F HALLELAND HOLDING AS: årsregnskap 2018 vs 2017
Mixed movements in the accounts
approved 2019-06-30; registry 2019-07-10; journal 2019 668986
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A.F HALLELAND HOLDING AS. Equity 4.31m NOK → -58.8k NOK.
On the constructive side: operating result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A.F HALLELAND HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -114.3k NOK → -11.3k NOK. Calculated
-
↑
Cash rose
Bank deposits 6 149 NOK → 262.9k NOK (+4175.3% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 4.31m NOK → -58.8k NOK (equity ratio 312.5% → -9.4%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.30× → 0.91× — 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 -9.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation