AEB HOLDING & CO AS: årsregnskap 2017 vs 2016
Weaker earnings
approved 2018-06-12; registry 2018-07-30; journal 2018 829358
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AEB HOLDING & CO AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +633.7k NOK → +498.7k NOK. Equity 660.8k NOK → 1 159 NOK.
On the constructive side: cash rose. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AEB HOLDING & CO AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 36.0k NOK → 889.7k NOK (+2368.0% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +633.7k NOK → +498.7k NOK. Calculated
-
↓
Equity eroded
Book equity 660.8k NOK → 1 159 NOK (equity ratio 97.4% → 0.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 37.82× → 0.11× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation