Org.nr 991 408 495 2016 → 2017 Year-over-year analysis

AIBEL HOLDING III AS: årsregnskap 2017 vs 2016

Mixed movements in the accounts

approved 2018-06-14; registry 2018-07-02; journal 2018 592574

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AIBEL HOLDING III AS. Revenue 0 NOK → 0 NOK (0.0%). Equity -564.68m NOK → -700.40m NOK.

Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AIBEL HOLDING III AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Net result
-298.1k NOK n/m
—
Equity
-564.68m NOK -700.40m NOK
-24.0%
Cash
8.52m NOK 4.99m NOK
-41.5%
Total assets
4.54bn NOK 4.55bn NOK
+0.3%

What deteriorated

  • ↓

    Equity eroded

    Book equity -564.68m NOK → -700.40m NOK (equity ratio -12.5% → -15.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 8.52m NOK → 4.99m NOK (-41.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -15.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3.97bn NOK → 3.90bn NOK. Reported fact