A/S Eiendomsutvikling: årsregnskap 2017 vs 2016
Cash halved-plus
approved 2018-05-26; registry 2018-07-07; journal 2018 635317
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A/S Eiendomsutvikling. Revenue 4.46m NOK → 4.64m NOK (+4.1%). Equity 8.65m NOK → 2.34m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A/S Eiendomsutvikling.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 4.46m NOK to 4.64m NOK (+4.1% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 8.65m NOK → 2.34m NOK (equity ratio 23.6% → 4.1%). Calculated
-
↓
Cash fell
Bank deposits 874.4k NOK → 132.9k NOK (-84.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 28 NOK → 6.46m NOK. Reported fact