A HELLAND TRANSPORT AS: årsregnskap 2016 vs 2015
Mixed movements in the accounts
approved 2017-05-23; registry 2017-06-26; journal 2017 540331
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A HELLAND TRANSPORT AS. Revenue 960.7k NOK → 987.6k NOK (+2.8%). Equity -1.81m NOK → -2.08m NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A HELLAND TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 960.7k NOK to 987.6k NOK (+2.8% YoY). Calculated
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↑
Cash rose
Bank deposits -58 NOK → 1 422 NOK (+2551.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 10.17m NOK → 9 NOK (1058% → 0% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity -1.81m NOK → -2.08m NOK (equity ratio -42.1% → -49.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -49.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 2 134 NOK → 9 634 NOK. Reported fact