ABLECON HOLDING AS: årsregnskap 2016 vs 2015
Slipped into loss, cash halved-plus
approved 2017-06-21; registry 2017-06-28; journal 2017 548982
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABLECON HOLDING AS. Net result +1 958 NOK → -11.3k NOK. Equity 33.8k NOK → 22.5k NOK.
Pressures included: fell into a net loss; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Net result
+1 958 NOK
-11.3k NOK
-676.4%
Equity
33.8k NOK
22.5k NOK
-33.4%
Cash
9 888 NOK
149 NOK
-98.5%
Total assets
42.6k NOK
36.3k NOK
-14.8%
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 1 958 NOK profit to a loss of 11.3k NOK. Calculated
-
↓
Equity eroded
Book equity 33.8k NOK → 22.5k NOK (equity ratio 79.4% → 62.0%). Calculated
-
↓
Cash fell
Bank deposits 9 888 NOK → 149 NOK (-98.5% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.20× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated