AEX HOLDING AS: årsregnskap 2017 vs 2016
Weaker earnings
approved 2018-06-30; registry 2018-07-26; journal 2018 797610
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AEX HOLDING AS. Net result +796.3k NOK → +595.0k NOK. Equity 697.8k NOK → 95.5k NOK.
On the constructive side: cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AEX HOLDING AS.
At a glance
Scorecard
Net result
+796.3k NOK
+595.0k NOK
-25.3%
Equity
697.8k NOK
95.5k NOK
-86.3%
Cash
7 413 NOK
15.8k NOK
+113.6%
Total assets
2.79m NOK
2.76m NOK
-1.3%
What improved
-
↑
Cash rose
Bank deposits 7 413 NOK → 15.8k NOK (+113.6% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result +796.3k NOK → +595.0k NOK. Calculated
-
↓
Equity eroded
Book equity 697.8k NOK → 95.5k NOK (equity ratio 25.0% → 3.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 3.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation