A.S.K HOLDING AS: årsregnskap 2017 vs 2016
Mixed movements in the accounts
approved 2018-06-27; registry 2018-07-09; journal 2018 647294
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A.S.K HOLDING AS. Equity 42.8k NOK → 30.0k NOK.
On the constructive side: cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A.S.K HOLDING AS.
At a glance
Scorecard
Operating result
n/m
-17.3k NOK
—
Net result
+89.3k NOK
n/m
—
Equity
42.8k NOK
30.0k NOK
-29.9%
Cash
19.5k NOK
20.6k NOK
+6.0%
Total assets
164.5k NOK
805.7k NOK
+389.7%
What improved
-
↑
Cash rose
Bank deposits 19.5k NOK → 20.6k NOK (+6.0% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 42.8k NOK → 30.0k NOK (equity ratio 26.0% → 3.7%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 3.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation