Org.nr 999 008 194 2015 → 2016 Year-over-year analysis

A.S.K AS: årsregnskap 2016 vs 2015

Slipped into loss, cash halved-plus

approved 2017-06-22; registry 2017-06-26; journal 2017 536907

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for A.S.K AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +2 015 NOK → -83.3k NOK. Equity 62.9k NOK → -20.5k NOK.

Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A.S.K AS.

At a glance

Revenue

0 NOK 0 NOK

0.0%

Net result

+2 015 NOK -83.3k NOK

-4236.0%

Equity

62.9k NOK -20.5k NOK

-132.5%

Cash

21.9k NOK 515 NOK

-97.7%

Total assets

116.4k NOK 104.7k NOK

-10.1%

↓
Fell into a net loss

Net result flipped from 2 015 NOK profit to a loss of 83.3k NOK. Calculated
↓
Equity eroded

Book equity 62.9k NOK → -20.5k NOK (equity ratio 54.0% → -19.5%). Calculated
↓
Cash fell

Bank deposits 21.9k NOK → 515 NOK (-97.7% YoY). Calculated

·
Thin equity buffer

Equity ratio is -19.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation