Org.nr 988 534 447 2015 → 2016 Year-over-year analysis

AB-HOLDING AS: årsregnskap 2016 vs 2015

Cash halved-plus

approved 2017-06-12; registry 2017-07-12; journal 2017 665569

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AB-HOLDING AS. Equity 44.37m NOK → 43.90m NOK.

Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AB-HOLDING AS.

At a glance

Revenue

n/m 129.5k NOK

—

Operating result

-64.9k NOK -119.7k NOK

-84.5%

Net result

n/m +532.5k NOK

—

Equity

44.37m NOK 43.90m NOK

-1.1%

Cash

13.92m NOK 2.27m NOK

-83.7%

Total assets

44.69m NOK 45.09m NOK

+0.9%

↓
Operating result weakened

Operating result -64.9k NOK → -119.7k NOK. Calculated
↓
Equity eroded

Book equity 44.37m NOK → 43.90m NOK (equity ratio 99.3% → 97.4%). Calculated
↓
Cash fell

Bank deposits 13.92m NOK → 2.27m NOK (-83.7% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 45.67× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (13.92m NOK → 2.27m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 2.25m NOK → 2.10m NOK. Reported fact