A. VATNE BETONGPUMPING AS: årsregnskap 2016 vs 2015
Shrank 21% on revenue, cash halved-plus
approved 2017-04-23; registry 2017-08-02; journal 2017 802590
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A. VATNE BETONGPUMPING AS. Revenue 5.32m NOK → 4.21m NOK (-20.8%). Equity -179.6k NOK → -760.3k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for A. VATNE BETONGPUMPING AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.32m NOK to 4.21m NOK (-20.8% YoY). Calculated
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↓
Equity eroded
Book equity -179.6k NOK → -760.3k NOK (equity ratio -15.3% → -216.9%). Calculated
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↓
Cash fell
Bank deposits 391.7k NOK → 180.1k NOK (-54.0% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -216.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 23.5k NOK → 7 480 NOK (-68.2% YoY). Calculated
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Book investments changed
Investment / intangible book value 41.0k NOK → 29.0k NOK. Reported fact