A. VANG HOLDING AS: årsregnskap 2016 vs 2015
Cash halved-plus
approved 2017-04-04; registry 2017-07-31; journal 2017 778268
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A. VANG HOLDING AS. Equity 823.5k NOK → 6 668 NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. VANG HOLDING AS.
At a glance
Scorecard
Equity
823.5k NOK
6 668 NOK
-99.2%
Cash
134.0k NOK
54.0k NOK
-59.7%
Total assets
239.0k NOK
954.0k NOK
+299.1%
What deteriorated
-
↓
Equity eroded
Book equity 823.5k NOK → 6 668 NOK (equity ratio 344.5% → 0.7%). Calculated
-
↓
Cash fell
Bank deposits 134.0k NOK → 54.0k NOK (-59.7% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation