A GROUP AS: årsregnskap 2017 vs 2016
Shrank 273% on revenue, cash halved-plus
approved 2018-09-03; registry 2018-09-06; journal 2018 922223
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A GROUP AS. Revenue 13.3k NOK → -23.0k NOK (-272.9%).
Pressures included: revenue fell; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for A GROUP AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 13.3k NOK to -23.0k NOK (-272.9% YoY). Calculated
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↓
Cash fell
Bank deposits 5.01m NOK → 617.4k NOK (-87.7% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (5.01m NOK → 617.4k 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 1.57m NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 5.80m NOK → 4.73m NOK. Reported fact