A P MUSTAD HOLD AS: årsregnskap 2018 vs 2017
Weaker earnings, cash halved-plus
approved 2019-06-24; registry 2019-07-06; journal 2019 609885
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A P MUSTAD HOLD AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -15.1k NOK → -28.5k NOK. Equity -9 859 NOK → -38.4k NOK.
Pressures included: operating result weakened; net 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.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -15.1k NOK → -28.5k NOK. Calculated
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↓
Net result weakened
Net result -15.1k NOK → -28.5k NOK. Calculated
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↓
Equity eroded
Book equity -9 859 NOK → -38.4k NOK (equity ratio -8.2% → -18.7%). Calculated
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↓
Cash fell
Bank deposits 754.8k NOK → 5 345 NOK (-99.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -18.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 100.0k NOK → 180 NOK. Reported fact