ACHATES INVEST AS: årsregnskap 2016 vs 2015
Another loss-making year
approved 2017-05-05; registry 2017-07-31; journal 2017 792638
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACHATES INVEST AS. Net result -2 920 NOK → -2 544 NOK. Equity -1.12m NOK → -1.19m NOK.
Pressures included: equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACHATES INVEST AS.
At a glance
Scorecard
Net result
-2 920 NOK
-2 544 NOK
+12.9%
Equity
-1.12m NOK
-1.19m NOK
-5.7%
Cash
789 NOK
1 245 NOK
+57.8%
Total assets
75.8k NOK
14.8k NOK
-80.4%
What deteriorated
-
↓
Equity eroded
Book equity -1.12m NOK → -1.19m NOK (equity ratio -1482.0% → -8011.2%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -8011.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 75.0k NOK → 13.6k NOK. Reported fact