A-LARM - ARBEID OG HELSE AS: årsregnskap 2017 vs 2016
Shrank 82% on revenue, returned to profit, cash halved-plus
approved 2018-05-28; registry 2018-06-11; journal 2018 458983
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A-LARM - ARBEID OG HELSE AS. Revenue 85.6k NOK → 15.0k NOK (-82.5%). Net result -7 201 NOK → +7 288 NOK. Equity 3 720 NOK → -3 568 NOK.
On the constructive side: turned profitable. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A-LARM - ARBEID OG HELSE AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 7 201 NOK to a profit of 7 288 NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 85.6k NOK to 15.0k NOK (-82.5% YoY). Calculated
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↓
Operating result weakened
Operating result -7 204 NOK → -7 281 NOK (op. margin -8.4% → -48.5%). Calculated
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↓
Equity eroded
Book equity 3 720 NOK → -3 568 NOK (equity ratio 100.0% → -382.8%). Calculated
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↓
Cash fell
Bank deposits 3 720 NOK → 932 NOK (-74.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -382.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation