A-OPTIKK AS: årsregnskap 2017 vs 2016
Mixed movements in the accounts
approved 2018-05-22; registry 2018-08-09; journal 2018 887844
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A-OPTIKK AS. Revenue 9.51m NOK → 9.22m NOK (-3.0%). Equity 513.5k NOK → -466.8k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A-OPTIKK AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 71.5k NOK → 4.10m NOK (+5642.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.90m NOK → 3 NOK (20% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 9.51m NOK to 9.22m NOK (-3.0% YoY). Calculated
-
↓
Equity eroded
Book equity 513.5k NOK → -466.8k NOK (equity ratio 16.3% → -11.7%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.28× → 0.89× — 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 -11.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 5.55m NOK → 5.11m NOK (-8.0% YoY). Calculated