FirmaIQ
Org.nr 999 060 439 2015 → 2016 Year-over-year analysis

ABED NEGO AS: årsregnskap 2016 vs 2015

Cash halved-plus

approved 2017-06-30; registry 2017-07-06; journal 2017 633294

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABED NEGO AS. Net result -6 544 NOK → -5 120 NOK. Equity 108.9k NOK → 103.7k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABED NEGO AS.

At a glance

Scorecard

Revenue
n/m 0 NOK
—
Operating result
-8 000 NOK -6 230 NOK
+22.1%
Net result
-6 544 NOK -5 120 NOK
+21.8%
Equity
108.9k NOK 103.7k NOK
-4.7%
Cash
41.9k NOK 1 898 NOK
-95.5%
Total assets
168.9k NOK 380.5k NOK
+125.3%

What improved

  • ↑

    Operating result improved

    Operating result -8 000 NOK → -6 230 NOK. Calculated

  • ↑

    Net result improved

    Net result -6 544 NOK → -5 120 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 108.9k NOK → 103.7k NOK (equity ratio 64.5% → 27.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 41.9k NOK → 1 898 NOK (-95.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.12× → 0.46× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 120.0k NOK → 3.37m NOK. Reported fact