AGGREGATED GAS RESOURCES AS: årsregnskap 2016 vs 2015
Shrank 100% on revenue, weaker earnings
approved 2017-06-28; registry 2017-07-11; journal 2017 677677
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AGGREGATED GAS RESOURCES AS. Revenue 9 NOK → 0 NOK (-100.0%). Net result +25.7k NOK → +4 407 NOK. Equity -26.5k NOK → -30.9k NOK.
Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGGREGATED GAS RESOURCES AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 9 NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Net result weakened
Net result +25.7k NOK → +4 407 NOK. Calculated
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↓
Equity eroded
Book equity -26.5k NOK → -30.9k NOK (equity ratio -1674.3% → -2408.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2408.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation