Org.nr 915 698 298 2016 → 2017 Year-over-year analysis

ACCON EIENDOM AS: årsregnskap 2017 vs 2016

Another loss-making year

approved 2018-07-24; registry 2018-07-30; journal 2018 812406

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ACCON EIENDOM AS. Net result -11.7k NOK → -19.5k NOK. Equity 10.8k NOK → 30.0k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCON EIENDOM AS.

Scorecard

Operating result
-15.3k NOK -24.6k NOK
-61.4%
Net result
-11.7k NOK -19.5k NOK
-66.9%
Equity
10.8k NOK 30.0k NOK
+177.0%
Cash
17.6k NOK 27.8k NOK
+58.5%
Total assets
25.8k NOK 1.06m NOK
+4005.2%

What improved

  • ↑

    Equity strengthened

    Book equity 10.8k NOK → 30.0k NOK (equity ratio 41.9% → 2.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 17.6k NOK → 27.8k NOK (+58.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -15.3k NOK → -24.6k NOK. Calculated

  • ↓

    Net result weakened

    Net result -11.7k NOK → -19.5k NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.32× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation