ALNG ASA: årsregnskap 2017 vs 2016
Shrank 50% on revenue, weaker earnings
approved 2018-04-26; registry 2018-05-12; journal 2018 310222
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ALNG ASA. Revenue 6.37m NOK → 3.19m NOK (-49.9%). Net result -22.80m NOK → -31.80m NOK. Equity 1.09bn NOK → 1.16bn NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; net result weakened.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ALNG ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.09bn NOK → 1.16bn NOK (equity ratio 265.9% → 685.3%). Calculated
-
↑
Cash rose
Bank deposits 61.55m NOK → 138.15m NOK (+124.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.37m NOK to 3.19m NOK (-49.9% YoY). Calculated
-
↓
Net result weakened
Net result -22.80m NOK → -31.80m NOK (net margin -358.0% → -996.6%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 961.51m NOK → 200.9k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 1.02bn NOK → 1.03bn NOK. Reported fact