A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP: årsregnskap 2018 vs 2017
Cash halved-plus
approved 2019-03-27; registry 2019-05-21; journal 2019 344006
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP. Equity 76.60m NOK → 61.56m NOK.
On the constructive side: payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 7.12m NOK → 7 118 NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 76.60m NOK → 61.56m NOK (equity ratio 99.5% → 93.7%). Calculated
-
↓
Cash fell
Bank deposits 43.44m NOK → 14.50m NOK (-66.6% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (43.44m NOK → 14.50m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 1.12m NOK → 960.2k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 32.93m NOK → 24.8k NOK. Reported fact