A-TECH AS: årsregnskap 2017 vs 2016
Weaker earnings
approved 2018-06-07; registry 2018-06-13; journal 2018 474351
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A-TECH AS. Net result -1 388 NOK → -23.2k NOK. Equity 17.4k NOK → -5 728 NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A-TECH AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 942 NOK → 754.9k NOK (+80042.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.38× → 116.45×. Calculated
What deteriorated
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↓
Net result weakened
Net result -1 388 NOK → -23.2k NOK. Calculated
-
↓
Equity eroded
Book equity 17.4k NOK → -5 728 NOK (equity ratio 87.5% → -759.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -759.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation