Org.nr 992 567 899 2016 → 2017 Year-over-year analysis

A.T. TAASEN HOLDING AS: årsregnskap 2017 vs 2016

Slipped into loss

approved 2018-04-16; registry 2018-05-17; journal 2018 323641

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for A.T. TAASEN HOLDING AS. Net result +292.4k NOK → -740.2k NOK. Equity -744.5k NOK → -1.48m NOK.

On the constructive side: operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.

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

Scorecard

Operating result
-16.2k NOK -13.9k NOK
+14.0%
Net result
+292.4k NOK -740.2k NOK
-353.2%
Equity
-744.5k NOK -1.48m NOK
-99.4%
Cash
2 263 NOK 12.9k NOK
+471.2%
Total assets
4.93m NOK 4.63m NOK
-6.2%

What improved

  • ↑

    Operating result improved

    Operating result -16.2k NOK → -13.9k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 2 263 NOK → 12.9k NOK (+471.2% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 292.4k NOK profit to a loss of 740.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -744.5k NOK → -1.48m NOK (equity ratio -15.1% → -32.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -32.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4.53m NOK → 4.13m NOK. Reported fact