ABC-MØBLER HOLDING AS: årsregnskap 2017 vs 2016
Weaker earnings, cash halved-plus
approved 2018-06-30; registry 2018-07-19; journal 2018 729973
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABC-MØBLER HOLDING AS. Net result +2.05m NOK → +1.50m NOK. Equity 2.32m NOK → 3.82m NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: net result weakened; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABC-MØBLER HOLDING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 2.32m NOK → 3.82m NOK (equity ratio 27.5% → 71.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.25× → 1.25×. Calculated
What deteriorated
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↓
Net result weakened
Net result +2.05m NOK → +1.50m NOK. Calculated
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↓
Cash fell
Bank deposits 1.50m NOK → 118.6k NOK (-92.1% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.50m NOK → 118.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 5.31m NOK → 3.45m NOK. Reported fact