ACCENDO PRODUKTUTVIKLING AS: årsregnskap 2016 vs 2015
Mixed movements in the accounts
approved 2017-05-31; registry 2017-06-13; journal 2017 435783
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACCENDO PRODUKTUTVIKLING AS. Revenue 22.5k NOK → 22.5k NOK (0.0%). Equity -589.3k NOK → -628.7k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCENDO PRODUKTUTVIKLING AS.
At a glance
Scorecard
Revenue
22.5k NOK
22.5k NOK
0.0%
Operating result
n/m
-37.3k NOK
—
Equity
-589.3k NOK
-628.7k NOK
-6.7%
Cash
3 053 NOK
1 822 NOK
-40.3%
Total assets
86.0k NOK
61.8k NOK
-28.1%
What deteriorated
-
↓
Equity eroded
Book equity -589.3k NOK → -628.7k NOK (equity ratio -685.2% → -1016.9%). Calculated
-
↓
Cash fell
Bank deposits 3 053 NOK → 1 822 NOK (-40.3% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -1016.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation