ABYSSINIA RESOURCES DEVELOPMENT AS: årsregnskap 2016 vs 2015
Slipped into loss
approved 2017-05-30; registry 2017-07-25; journal 2017 764816
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABYSSINIA RESOURCES DEVELOPMENT AS. Net result +893.1k NOK → -278.9k NOK. Equity 21.94m NOK → 23.95m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABYSSINIA RESOURCES DEVELOPMENT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -641.7k NOK → -264.6k NOK. Calculated
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↑
Equity strengthened
Book equity 21.94m NOK → 23.95m NOK (equity ratio 100.0% → 99.9%). Calculated
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↑
Cash rose
Bank deposits 45.4k NOK → 843.6k NOK (+1757.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.15× → 35.71×. Calculated
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↑
Owners injected capital
Paid-in equity rose 21.94m NOK → 23.95m NOK (+2.01m NOK). Reported fact
What deteriorated
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↓
Fell into a net loss
Net result flipped from 893.1k NOK profit to a loss of 278.9k NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 21.86m NOK → 23.10m NOK. Reported fact