A. JENSEN AS: årsregnskap 2017 vs 2016
Mixed movements in the accounts
approved 2018-03-15; registry 2018-03-22; journal 2018 242307
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A. JENSEN AS. Revenue 2.21m NOK → 2.29m NOK (+3.5%). Equity 801.1k NOK → 143.4k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. JENSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.21m NOK to 2.29m NOK (+3.5% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 801.1k NOK → 143.4k NOK (equity ratio 18.3% → 2.3%). Calculated
-
↓
Cash fell
Bank deposits 864.9k NOK → 650.3k NOK (-24.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.41× → 0.71× — 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 2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation