AIRCONDITION PRODUKTER AS: årsregnskap 2016 vs 2015
Shrank 100% on revenue, slipped into loss
approved 2017-12-08; registry 2017-12-21; journal 2017 897620
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AIRCONDITION PRODUKTER AS. Revenue 68.7k NOK → 0 NOK (-100.0%). Net result +414.4k NOK → -362.1k NOK. Equity 2.33m NOK → 1.97m NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIRCONDITION PRODUKTER AS.
At a glance
Scorecard
What improved
-
↑
Current ratio back above 1×
Current ratio -5.73× → 4.59×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 68.7k NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 414.4k NOK profit to a loss of 362.1k NOK. Calculated
-
↓
Equity eroded
Book equity 2.33m NOK → 1.97m NOK (equity ratio 101.2% → 98.7%). Calculated
-
↓
Cash fell
Bank deposits 156.5k NOK → 117.3k NOK (-25.0% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 208.3k NOK → 280.3k NOK. Reported fact