Org.nr 911 592 789 2015 → 2016 Year-over-year analysis

A. SØRLIE AS: årsregnskap 2016 vs 2015

Cash halved-plus

approved 2017-04-22; registry 2017-04-29; journal 2017 299331

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for A. SØRLIE AS. Equity 761.0k NOK → 144.2k NOK.

Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A. SØRLIE AS.

At a glance

Operating result

n/m -10.7k NOK

—

Net result

n/m +783.2k NOK

—

Equity

761.0k NOK 144.2k NOK

-81.1%

Cash

131.3k NOK 34.7k NOK

-73.5%

Total assets

2.18m NOK 2.60m NOK

+19.2%

↓
Equity eroded

Book equity 761.0k NOK → 144.2k NOK (equity ratio 34.9% → 5.5%). Calculated
↓
Cash fell

Bank deposits 131.3k NOK → 34.7k NOK (-73.5% YoY). Calculated

·
Thin equity buffer

Equity ratio is 5.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 1.39m NOK → 1.76m NOK. Reported fact