Org.nr 899 322 932 2015 → 2016 Year-over-year analysis

ABC BOLIG & EIENDOM AS: årsregnskap 2016 vs 2015

Shrank 100% on revenue, cash halved-plus

approved 2017-05-21; registry 2017-06-06; journal 2017 382452

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABC BOLIG & EIENDOM AS. Revenue 749 NOK → 0 NOK (-100.0%). Equity 31.1k NOK → 6 806 NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABC BOLIG & EIENDOM AS.

At a glance

Revenue

749 NOK 0 NOK

-100.0%

Operating result

-20.0k NOK n/m

—

Net result

-15.1k NOK n/m

—

Equity

31.1k NOK 6 806 NOK

-78.1%

Cash

34.0k NOK 2 299 NOK

-93.2%

Total assets

320.0k NOK 155.1k NOK

-51.5%

↓
Revenue fell

Operating income / revenue moved from 749 NOK to 0 NOK (-100.0% YoY). Calculated
↓
Equity eroded

Book equity 31.1k NOK → 6 806 NOK (equity ratio 9.7% → 4.4%). Calculated
↓
Cash fell

Bank deposits 34.0k NOK → 2 299 NOK (-93.2% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.09× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is 4.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation