Org.nr 912 835 731 2016 → 2017 Year-over-year analysis

A. ROSENBORG AS: årsregnskap 2017 vs 2016

Shrank 18% on revenue, cash halved-plus

approved 2018-03-27; registry 2018-04-11; journal 2018 258533

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A. ROSENBORG AS. Revenue 2.06m NOK → 1.68m NOK (-18.5%). Equity 970.5k NOK → 1 053 NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A. ROSENBORG AS.

At a glance

Revenue

2.06m NOK 1.68m NOK

-18.5%

Equity

970.5k NOK 1 053 NOK

-99.9%

Cash

981.8k NOK 405.7k NOK

-58.7%

Total assets

1.54m NOK 2.12m NOK

+38.4%

↓
Revenue fell

Operating income / revenue moved from 2.06m NOK to 1.68m NOK (-18.5% YoY). Calculated
↓
Equity eroded

Book equity 970.5k NOK → 1 053 NOK (equity ratio 63.2% → 0.0%). Calculated
↓
Cash fell

Bank deposits 981.8k NOK → 405.7k NOK (-58.7% YoY). Calculated

·
Thin equity buffer

Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 916.8k NOK → 871.8k NOK (-4.9% YoY). Calculated