ABVK HOLDING AS: årsregnskap 2016 vs 2015
Stronger earnings, cash halved-plus
approved 2017-06-06; registry 2017-07-06; journal 2017 611993
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABVK HOLDING AS. Net result +20.2k NOK → +152.8k NOK. Equity 1.53m NOK → 1.48m NOK.
On the constructive side: net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
Operating result
+20.2k NOK
n/m
—
Net result
+20.2k NOK
+152.8k NOK
+655.7%
Equity
1.53m NOK
1.48m NOK
-3.1%
Cash
7 510 NOK
3 443 NOK
-54.2%
Total assets
2.63m NOK
2.63m NOK
-0.2%
What improved
-
↑
Net result improved
Net result +20.2k NOK → +152.8k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 1.53m NOK → 1.48m NOK (equity ratio 58.2% → 56.5%). Calculated
-
↓
Cash fell
Bank deposits 7 510 NOK → 3 443 NOK (-54.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 6.63× → 0.58× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated