A35 HOLDING AS: årsregnskap 2017 vs 2016
Shrank 22% on revenue
approved 2018-06-27; registry 2018-07-07; journal 2018 636691
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A35 HOLDING AS. Revenue 816.5k NOK → 635.4k NOK (-22.2%). Equity 158.0k NOK → 144.2k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A35 HOLDING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 32.4k NOK → 157.1k NOK (+384.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.85m NOK → 543.6k NOK (226% → 86% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 816.5k NOK to 635.4k NOK (-22.2% YoY). Calculated
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↓
Equity eroded
Book equity 158.0k NOK → 144.2k NOK (equity ratio 42.6% → 8.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation