AGRINOS NORWAY AS: årsregnskap 2016 vs 2015
Cash halved-plus
approved 2017-06-30; registry 2017-08-09; journal 2017 838684
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AGRINOS NORWAY AS. Net result -24.3k NOK → -24.9k NOK. Equity -20.6k NOK → -45.5k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGRINOS NORWAY AS.
At a glance
Scorecard
Operating result
n/m
-24.9k NOK
—
Net result
-24.3k NOK
-24.9k NOK
-2.5%
Equity
-20.6k NOK
-45.5k NOK
-120.7%
Cash
6 473 NOK
3 102 NOK
-52.1%
Total assets
10.7k NOK
7 321 NOK
-31.5%
What deteriorated
-
↓
Equity eroded
Book equity -20.6k NOK → -45.5k NOK (equity ratio -192.9% → -621.8%). Calculated
-
↓
Cash fell
Bank deposits 6 473 NOK → 3 102 NOK (-52.1% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -621.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation