AB BYGG OG EIENDOM AS: årsregnskap 2017 vs 2016
Shrank 87% on revenue, cash halved-plus
approved 2018-06-28; registry 2018-07-26; journal 2018 800660
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AB BYGG OG EIENDOM AS. Revenue 1.43m NOK → 182.1k NOK (-87.2%). Equity 102.2k NOK → -5 268 NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for AB BYGG OG EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 1.35m NOK → 1.18m NOK (95% → 648% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.43m NOK to 182.1k NOK (-87.2% YoY). Calculated
-
↓
Equity eroded
Book equity 102.2k NOK → -5 268 NOK (equity ratio 17.8% → -7.5%). Calculated
-
↓
Cash fell
Bank deposits 201.1k NOK → 70.6k NOK (-64.9% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.22× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -7.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation