Org.nr 933 593 207 2016 → 2017 Year-over-year analysis

A/S Eiendomsutvikling: årsregnskap 2017 vs 2016

Cash halved-plus

approved 2018-05-26; registry 2018-07-07; journal 2018 635317

Full company analysis · All year comparisons

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.

Scorecard

Revenue
4.46m NOK 4.64m NOK
+4.1%
Equity
8.65m NOK 2.34m NOK
-72.9%
Cash
874.4k NOK 132.9k NOK
-84.8%
Total assets
36.58m NOK 57.68m NOK
+57.7%

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

  • ·

    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