A HOFF INVEST AS: årsregnskap 2017 vs 2016
Weaker earnings
approved 2018-05-02; registry 2018-06-04; journal 2018 399793
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A HOFF INVEST AS. Net result -47.2k NOK → -1.48m NOK. Equity 1.62m NOK → 135.3k NOK.
On the constructive side: operating result improved; cash rose; current ratio back above 1×. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A HOFF INVEST AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -47.1k NOK → -33.7k NOK. Calculated
-
↑
Cash rose
Bank deposits 558 NOK → 15.4k NOK (+2667.4% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.15× → 1.40×. Calculated
What deteriorated
-
↓
Net result weakened
Net result -47.2k NOK → -1.48m NOK. Calculated
-
↓
Equity eroded
Book equity 1.62m NOK → 135.3k NOK (equity ratio 51.2% → 8.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 3.15m NOK → 1.67m NOK. Reported fact