Org.nr 991 164 073 2015 → 2016 Year-over-year analysis

A P MUSTAD HOLD AS: årsregnskap 2016 vs 2015

Another loss-making year

approved 2017-10-06; registry 2017-10-10; journal 2017 891373

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for A P MUSTAD HOLD AS. Revenue 0 NOK → 40.9k NOK. Equity -86.8k NOK → -303.7k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A P MUSTAD HOLD AS.

Scorecard

Revenue
0 NOK 40.9k NOK
—
Operating result
-24.4k NOK -40.9k NOK
-67.4%
Net result
n/m -216.9k NOK
—
Equity
-86.8k NOK -303.7k NOK
-249.8%
Cash
754.8k NOK 754.8k NOK
+0.0%
Total assets
296.8k NOK 120.8k NOK
-59.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 40.9k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -24.4k NOK → -40.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -86.8k NOK → -303.7k NOK (equity ratio -29.3% → -251.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -251.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 276.0k NOK → 100.0k NOK. Reported fact