Org.nr 910 681 761 2016 → 2017 Year-over-year analysis

ADOLPH BERGSVEI 58 AS: årsregnskap 2017 vs 2016

Shrank 98% on revenue, cash halved-plus

approved 2018-05-23; registry 2018-06-23; journal 2018 530224

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADOLPH BERGSVEI 58 AS. Revenue 993.3k NOK → 22.0k NOK (-97.8%). Equity 1.92m NOK → 1.01m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADOLPH BERGSVEI 58 AS.

At a glance

Revenue

993.3k NOK 22.0k NOK

-97.8%

Operating result

+504.5k NOK +501.1k NOK

-0.7%

Net result

n/m +906.7k NOK

—

Equity

1.92m NOK 1.01m NOK

-47.3%

Cash

85.0k NOK 14.3k NOK

-83.2%

Total assets

24.93m NOK 24.16m NOK

-3.1%

↓
Revenue fell

Operating income / revenue moved from 993.3k NOK to 22.0k NOK (-97.8% YoY). Calculated
↓
Operating result weakened

Operating result +504.5k NOK → +501.1k NOK (op. margin 50.8% → 2277.6%). Calculated
↓
Equity eroded

Book equity 1.92m NOK → 1.01m NOK (equity ratio 7.7% → 4.2%). Calculated
↓
Cash fell

Bank deposits 85.0k NOK → 14.3k NOK (-83.2% YoY). Calculated

·
Thin equity buffer

Equity ratio is 4.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation