Org.nr 998 521 629 2016 → 2017 Year-over-year analysis

AC/DC MARINE CONSULT AS: årsregnskap 2017 vs 2016

Weaker earnings, cash halved-plus

approved 2019-02-27; registry 2019-03-04; journal 2019 221551

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AC/DC MARINE CONSULT AS. Net result -8 167 NOK → -73.5k NOK. Equity -12.7k NOK → -86.3k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AC/DC MARINE CONSULT AS.

At a glance

Operating result

-8 191 NOK -73.5k NOK

-797.7%

Net result

-8 167 NOK -73.5k NOK

-800.3%

Equity

-12.7k NOK -86.3k NOK

-577.3%

Cash

43.6k NOK 593 NOK

-98.6%

Total assets

7 123 NOK 593 NOK

-91.7%

↓
Operating result weakened

Operating result -8 191 NOK → -73.5k NOK. Calculated
↓
Net result weakened

Net result -8 167 NOK → -73.5k NOK. Calculated
↓
Equity eroded

Book equity -12.7k NOK → -86.3k NOK (equity ratio -178.8% → -14547.6%). Calculated
↓
Cash fell

Bank deposits 43.6k NOK → 593 NOK (-98.6% YoY). Calculated

·
Thin equity buffer

Equity ratio is -14547.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation