A SANDBERG AS: årsregnskap 2016 vs 2015
Cash halved-plus
approved 2017-06-30; registry 2017-07-20; journal 2017 741257
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A SANDBERG AS. Revenue 35.24m NOK → 35.86m NOK (+1.8%). Equity 540.1k NOK → 30.8k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A SANDBERG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 35.24m NOK to 35.86m NOK (+1.8% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 540.1k NOK → 30.8k NOK (equity ratio 21.6% → 1.0%). Calculated
-
↓
Cash fell
Bank deposits 597.8k NOK → 282.9k NOK (-52.7% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.26× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 30.52m NOK → 30.11m NOK (-1.3% YoY). Calculated