A/S Mascot Holding: årsregnskap 2016 vs 2015
Shrank 9% on revenue, cash halved-plus
approved 2017-06-28; registry 2017-07-10; journal 2017 630290
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A/S Mascot Holding. Revenue 165.15m NOK → 150.44m NOK (-8.9%). Equity 71.80m NOK → 69.37m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A/S Mascot Holding.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 165.15m NOK to 150.44m NOK (-8.9% YoY). Calculated
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↓
Equity eroded
Book equity 71.80m NOK → 69.37m NOK (equity ratio 54.2% → 72.5%). Calculated
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↓
Cash fell
Bank deposits 40.02m NOK → 12.02m NOK (-70.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.77× → 0.46× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (40.02m NOK → 12.02m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 89.09m NOK → 83.56m NOK. Reported fact