ACC K7 AS: årsregnskap 2017 vs 2016
Cash halved-plus
approved 2018-03-12; registry 2018-07-02; journal 2018 594558
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACC K7 AS. Equity 645.00m NOK → 12.79m NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ACC K7 AS.
At a glance
Scorecard
What deteriorated
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↓
Equity eroded
Book equity 645.00m NOK → 12.79m NOK (equity ratio 2.8% → 56.4%). Calculated
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↓
Cash fell
Bank deposits 217.00m NOK → 63.0k NOK (-100.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (217.00m NOK → 63.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 1.03bn NOK → 7.03m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 22.63bn NOK → 22.63m NOK. Reported fact