ACIER AS: årsregnskap 2016 vs 2015
Cash halved-plus
approved 2017-06-30; registry 2017-08-12; journal 2017 858772
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACIER AS. Revenue 1 598 NOK → 1 598 NOK (0.0%). Equity 14.12m NOK → 8.92m NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ACIER AS.
At a glance
Scorecard
Revenue
1 598 NOK
1 598 NOK
0.0%
Equity
14.12m NOK
8.92m NOK
-36.8%
Cash
1.67m NOK
-193.7k NOK
-111.6%
Total assets
21.70m NOK
16.08m NOK
-25.9%
What deteriorated
-
↓
Equity eroded
Book equity 14.12m NOK → 8.92m NOK (equity ratio 65.1% → 55.5%). Calculated
-
↓
Cash fell
Bank deposits 1.67m NOK → -193.7k NOK (-111.6% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.67m NOK → -193.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation