AJ BIL OG MOTOR AS: årsregnskap 2017 vs 2016
Mixed movements in the accounts
approved 2018-05-15; registry 2018-06-04; journal 2018 392439
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AJ BIL OG MOTOR AS. Revenue 0 NOK → 6.93m NOK. Equity 0 NOK → -321.8k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJ BIL OG MOTOR AS.
At a glance
Scorecard
Revenue
0 NOK
6.93m NOK
—
Equity
0 NOK
-321.8k NOK
—
Cash
610 NOK
1 323 NOK
+116.9%
Total assets
0 NOK
3.10m NOK
—
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 6.93m NOK. Calculated
-
↑
Payroll decreased
Salary cost 2.09m NOK → 2 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 0 NOK → -321.8k NOK. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -10.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation