Org.nr 996 564 894 2016 → 2017 Year-over-year analysis

ALNG ASA: årsregnskap 2017 vs 2016

Shrank 50% on revenue, weaker earnings

approved 2018-04-26; registry 2018-05-12; journal 2018 310222

Full company analysis · All year comparisons

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.

Scorecard

Revenue
6.37m NOK 3.19m NOK
-49.9%
Net result
-22.80m NOK -31.80m NOK
-39.5%
Equity
1.09bn NOK 1.16bn NOK
+6.9%
Cash
61.55m NOK 138.15m NOK
+124.5%
Total assets
408.37m NOK 169.41m NOK
-58.5%

What improved

  • ↑

    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

  • ↓

    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

  • ·

    Paid-in equity reduced

    Paid-in equity fell 961.51m NOK → 200.9k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.02bn NOK → 1.03bn NOK. Reported fact