Org.nr 914 007 550 2016 → 2017 Year-over-year analysis

AEK HOLDING AS: årsregnskap 2017 vs 2016

Mixed movements in the accounts

approved 2018-05-16; registry 2018-07-24; journal 2018 773410

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AEK HOLDING AS. Revenue 0 NOK → 197.5k NOK. Equity 994.5k NOK → 11 NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AEK HOLDING AS.

Scorecard

Revenue
0 NOK 197.5k NOK
—
Operating result
-28.6k NOK n/m
—
Net result
+973.3k NOK n/m
—
Equity
994.5k NOK 11 NOK
-100.0%
Cash
8 926 NOK 46.3k NOK
+418.7%
Total assets
661.2k NOK 3.05m NOK
+361.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 197.5k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 8 926 NOK → 46.3k NOK (+418.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 994.5k NOK → 11 NOK (equity ratio 150.4% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 629.5k NOK → 2.25m NOK. Reported fact