AD HOC MANAGEMENT AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue, returned to profit
approved 2018-06-30; registry 2018-07-14; journal 2018 702338
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AD HOC MANAGEMENT AS. Revenue 100 NOK → 0 NOK (-100.0%). Net result -35.6k NOK → +26.1k NOK. Equity 16.1k NOK → 4 443 NOK.
On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AD HOC MANAGEMENT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -35.6k NOK → +26.1k NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 35.6k NOK to a profit of 26.1k NOK. Calculated
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↑
Cash rose
Bank deposits 3 718 NOK → 10.2k NOK (+175.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 100 NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Equity eroded
Book equity 16.1k NOK → 4 443 NOK (equity ratio 14.4% → 3.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation