A/S Magnus Bergsgate 6: årsregnskap 2017 vs 2016
Grew 18% on revenue
approved 2018-05-07; registry 2018-06-28; journal 2018 577056
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A/S Magnus Bergsgate 6. Revenue 751.8k NOK → 890.2k NOK (+18.4%). Equity 725.5k NOK → -313.9k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Magnus Bergsgate 6.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 751.8k NOK to 890.2k NOK (+18.4% YoY). Calculated
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↑
Cash rose
Bank deposits 899.6k NOK → 910.6k NOK (+1.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 725.5k NOK → -313.9k NOK (equity ratio 273.6% → -23.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -23.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation