AET HOLDING ARENDAL AS: årsregnskap 2016 vs 2015
Slipped into loss, cash halved-plus
approved 2017-02-01; registry 2017-07-05; journal 2017 594099
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AET HOLDING ARENDAL AS. Net result +269.8k NOK → -67.0k NOK. Equity 4.74m NOK → 4.68m NOK.
Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AET HOLDING ARENDAL AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result +26.1k NOK → -56.9k NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 269.8k NOK profit to a loss of 67.0k NOK. Calculated
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↓
Equity eroded
Book equity 4.74m NOK → 4.68m NOK (equity ratio 59.1% → 70.8%). Calculated
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↓
Cash fell
Bank deposits 4.98m NOK → 1.01m NOK (-79.6% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (4.98m NOK → 1.01m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 683.2k NOK → 2 675 NOK. Reported fact