ACCENDIA AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue, stronger earnings, cash halved-plus
approved 2018-03-30; registry 2018-11-10; journal 2018 932777
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACCENDIA AS. Revenue 11.6k NOK → 0 NOK (-100.0%). Net result -45.2k NOK → -24.8k NOK. Equity -752.6k NOK → -777.4k NOK.
On the constructive side: net result improved; owners injected capital. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCENDIA AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -45.2k NOK → -24.8k NOK. Calculated
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Owners injected capital
Paid-in equity rose 501.5k NOK → 1.50m NOK (+1.00m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 11.6k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result +11.6k NOK → 0 NOK. Calculated
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↓
Equity eroded
Book equity -752.6k NOK → -777.4k NOK (equity ratio -1661.6% → -2132.6%). Calculated
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↓
Cash fell
Bank deposits 16.8k NOK → 7 943 NOK (-52.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2132.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation