A/S Viktor Baumannsvei 34-38: årsregnskap 2017 vs 2016
Shrank 100% on revenue, weaker earnings
approved 2018-04-03; registry 2018-06-30; journal 2018 589324
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A/S Viktor Baumannsvei 34-38. Revenue 927.56bn NOK → 956.2k NOK (-100.0%). Net result -22.1k NOK → -268.9k NOK. Equity -369.9k NOK → -638.8k NOK.
Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Viktor Baumannsvei 34-38.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 927.56bn NOK to 956.2k NOK (-100.0% YoY). Calculated
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↓
Net result weakened
Net result -22.1k NOK → -268.9k NOK (net margin -0.0% → -28.1%). Calculated
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↓
Equity eroded
Book equity -369.9k NOK → -638.8k NOK (equity ratio -15.7% → -31.6%). Calculated
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↓
Cash fell
Bank deposits 657.7k NOK → 355.1k NOK (-46.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -31.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation