AKERSHUS ENERGI VANNKRAFT AS: årsregnskap 2016 vs 2015
Shrank 100% on revenue, cash halved-plus
approved 2017-05-26; registry 2017-06-19; journal 2017 472345
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AKERSHUS ENERGI VANNKRAFT AS. Revenue 608.78m NOK → 597 NOK (-100.0%). Equity 1.17bn NOK → 2.04bn NOK.
On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AKERSHUS ENERGI VANNKRAFT AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.17bn NOK → 2.04bn NOK. Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 750.14×. Calculated
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↑
Payroll decreased
Salary cost 14.65m NOK → 16.1k NOK (2% → 2703% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 608.78m NOK to 597 NOK (-100.0% YoY). Calculated
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↓
Cash fell
Bank deposits 27.89m NOK → 44.8k NOK (-99.8% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (27.89m NOK → 44.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 703.06m NOK → 1 823 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 453.14m NOK → 0 NOK (-100.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.19bn NOK → 2 215 NOK. Reported fact