A. K. ØVERLAND HOLDING AS: årsregnskap 2016 vs 2015
Returned to profit
approved 2017-05-12; registry 2017-05-31; journal 2017 365868
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A. K. ØVERLAND HOLDING AS. Net result -18.6k NOK → +11.61m NOK. Equity 1.43m NOK → 13.03m NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. K. ØVERLAND HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 18.6k NOK to a profit of 11.61m NOK. Calculated
-
↑
Equity strengthened
Book equity 1.43m NOK → 13.03m NOK (equity ratio 33.3% → 99.8%). Calculated
-
↑
Cash rose
Bank deposits 174.8k NOK → 310.6k NOK (+77.7% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.96× → 11.89×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +18.8k NOK → -38.3k NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 4.08m NOK → 12.74m NOK. Reported fact