AKER HOLDING START 2 AS: årsregnskap 2017 vs 2016
Weaker earnings, cash halved-plus
approved 2018-04-13; registry 2018-04-25; journal 2018 282356
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKER HOLDING START 2 AS. Net result -914.7k NOK → -1.37m NOK. Equity 14.18m NOK → 13.44m NOK.
On the constructive side: operating result improved; owners injected capital. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AKER HOLDING START 2 AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -1.36m NOK → -722.8k NOK. Calculated
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↑
Owners injected capital
Paid-in equity rose 12.95m NOK → 13.44m NOK (+490.2k NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result -914.7k NOK → -1.37m NOK. Calculated
-
↓
Equity eroded
Book equity 14.18m NOK → 13.44m NOK (equity ratio 58.5% → 83.8%). Calculated
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↓
Cash fell
Bank deposits 7.19m NOK → 517.8k NOK (-92.8% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (7.19m NOK → 517.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value -42 NOK → 12.94m NOK. Reported fact