A.T.M INVEST AS: årsregnskap 2016 vs 2015
Grew 107% on revenue, returned to profit
approved 2017-06-09; registry 2017-07-01; journal 2017 572481
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A.T.M INVEST AS. Revenue 905 NOK → 1 871 NOK (+106.7%). Net result -1.23m NOK → +389.4k NOK. Equity 6.79m NOK → 2.19m NOK.
On the constructive side: revenue rose; turned profitable; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A.T.M INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 905 NOK to 1 871 NOK (+106.7% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 1.23m NOK to a profit of 389.4k NOK. Calculated
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↑
Cash rose
Bank deposits 305.5k NOK → 961.2k NOK (+214.7% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 6.79m NOK → 2.19m NOK (equity ratio 20.4% → 6.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 258.22× → 0.04× — 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 6.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 33.01m NOK → 26.25m NOK. Reported fact