AGRINOS NORWAY AS: årsregnskap 2017 vs 2016
Another loss-making year
approved 2018-06-29; registry 2018-07-16; journal 2018 688380
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AGRINOS NORWAY AS. Net result -24.9k NOK → -26.1k NOK. Equity -45.5k NOK → -71.6k NOK.
Pressures included: operating result weakened; equity eroded.
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
-24.9k NOK
-25.0k NOK
-0.4%
Net result
-24.9k NOK
-26.1k NOK
-4.9%
Equity
-45.5k NOK
-71.6k NOK
-57.4%
Cash
3 102 NOK
2 978 NOK
-4.0%
Total assets
7 321 NOK
7 197 NOK
-1.7%
What deteriorated
-
↓
Operating result weakened
Operating result -24.9k NOK → -25.0k NOK. Calculated
-
↓
Equity eroded
Book equity -45.5k NOK → -71.6k NOK (equity ratio -621.8% → -995.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -995.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation