A/S Voldsminde VII: årsregnskap 2017 vs 2016
Grew 101358256% on revenue, stronger earnings
approved 2018-06-06; registry 2018-06-15; journal 2018 479363
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A/S Voldsminde VII. Revenue 742.1k NOK → 752.21bn NOK (+101358256.3%). Net result +141.1k NOK → +5100.67bn NOK. Equity 913.5k NOK → 14.1k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Voldsminde VII.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 742.1k NOK to 752.21bn NOK (+101358256.3% YoY). Calculated
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Net result improved
Net result +141.1k NOK → +5100.67bn NOK (net margin 19.0% → 678.1%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +198.37bn NOK → +113.23bn NOK (op. margin 26729376.4% → 15.1%). Calculated
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↓
Equity eroded
Book equity 913.5k NOK → 14.1k NOK (equity ratio 55.5% → 0.9%). Calculated
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↓
Cash fell
Bank deposits 1.03m NOK → 1.00m NOK (-2.7% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation