AGF UTVIKLING AS: årsregnskap 2017 vs 2016
Another loss-making year
approved 2018-06-30; registry 2018-07-17; journal 2018 720565
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGF UTVIKLING AS. Equity 30.0k NOK → 24.5k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGF UTVIKLING AS.
At a glance
Scorecard
Revenue
n/m
0 NOK
—
Operating result
n/m
-5 575 NOK
—
Net result
n/m
-5 549 NOK
—
Equity
30.0k NOK
24.5k NOK
-18.5%
Cash
30.0k NOK
24.5k NOK
-18.5%
Total assets
30.0k NOK
269.5k NOK
+798.2%
What deteriorated
-
↓
Equity eroded
Book equity 30.0k NOK → 24.5k NOK (equity ratio 100.0% → 9.1%). Calculated
-
↓
Cash fell
Bank deposits 30.0k NOK → 24.5k NOK (-18.5% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 9.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation