Org.nr 914 168 481 2016 → 2017 Year-over-year analysis

A/S FORMA: årsregnskap 2017 vs 2016

Mixed movements in the accounts

approved 2018-02-19; registry 2018-07-17; journal 2018 699308

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A/S FORMA. Revenue 108.00m NOK → 108.00m NOK (0.0%). Equity 352.92m NOK → 230.38m NOK.

On the constructive side: cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for A/S FORMA.

At a glance

Revenue

108.00m NOK 108.00m NOK

0.0%

Equity

352.92m NOK 230.38m NOK

-34.7%

Cash

322.0k NOK 10.55m NOK

+3177.0%

Total assets

1.02bn NOK 645.81m NOK

-36.6%

↓
Equity eroded

Book equity 352.92m NOK → 230.38m NOK (equity ratio 34.7% → 35.7%). Calculated
↓
Current ratio dropped below 1×

Current ratio 25.25× → 0.05× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Paid-in equity reduced

Paid-in equity fell 256.34m NOK → 230.38m NOK — check capital reduction, conversion, or reclassification. Interpretation