Org.nr 918 295 100 2016 → 2017 Year-over-year analysis

ADVENTURE GROUP AS: årsregnskap 2017 vs 2016

Another loss-making year

approved 2018-05-25; registry 2018-06-12; journal 2018 462204

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVENTURE GROUP AS. Equity 30.0k NOK → 1 954 NOK.

Pressures included: equity eroded.

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

At a glance

Revenue

n/m 300.0k NOK

—

Operating result

n/m -22.1k NOK

—

Net result

n/m -22.5k NOK

—

Equity

30.0k NOK 1 954 NOK

-93.5%

Cash

n/m 458.4k NOK

—

Total assets

30.0k NOK 458.4k NOK

+1428.1%

↓
Equity eroded

Book equity 30.0k NOK → 1 954 NOK (equity ratio 100.0% → 0.4%). Calculated

·
Thin equity buffer

Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation