AKB II AS: årsregnskap 2016 vs 2015
Returned to profit, cash halved-plus
approved 2017-04-07; registry 2017-06-29; journal 2017 561055
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AKB II AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -25.6k NOK → +20.8k NOK. Equity 4.25bn NOK → 4.25bn NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AKB II AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -33.7k NOK → +26.7k NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 25.6k NOK to a profit of 20.8k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 4.25bn NOK → 4.25bn NOK (equity ratio 1675.3% → 1675.4%). Calculated
-
↓
Cash fell
Bank deposits 50.1k NOK → 14.7k NOK (-70.7% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.52× → 0.11× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 162.04m NOK → 161.91m NOK — check capital reduction, conversion, or reclassification. Interpretation