A J BREIVIK HOLDING AS: årsregnskap 2016 vs 2015
Mixed movements in the accounts
approved 2017-05-26; registry 2017-06-21; journal 2017 498046
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A J BREIVIK HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 758.5k NOK → 82.6k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A J BREIVIK HOLDING AS.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Equity
758.5k NOK
82.6k NOK
-89.1%
Cash
35.2k NOK
92.3k NOK
+161.9%
Total assets
3.52m NOK
3.67m NOK
+4.3%
What improved
-
↑
Cash rose
Bank deposits 35.2k NOK → 92.3k NOK (+161.9% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.74× → 2.98×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 758.5k NOK → 82.6k NOK (equity ratio 21.6% → 2.3%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation