A NEW TYPE OF INFINITY AS: årsregnskap 2015 vs 2014
Another loss-making year
approved 2016-04-25; registry 2016-07-30; journal 2016 761504
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A NEW TYPE OF INFINITY AS. Equity 18.8k NOK → 738 NOK.
Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A NEW TYPE OF INFINITY AS.
At a glance
Scorecard
Net result
n/m
-18.1k NOK
—
Equity
18.8k NOK
738 NOK
-96.1%
Cash
2 329 NOK
2 331 NOK
+0.1%
Total assets
27.3k NOK
27.3k NOK
+0.0%
What deteriorated
-
↓
Equity eroded
Book equity 18.8k NOK → 738 NOK (equity ratio 68.8% → 2.7%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 2.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation