ARGEO ASA: årsregnskap 2016 vs 2015
Another loss-making year
approved 2017-06-26; registry 2017-08-16; journal 2017 862236
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ARGEO ASA. Net result -10.4k NOK → -14.2k NOK. Equity 26.8k NOK → 12.6k NOK.
Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ARGEO ASA.
At a glance
Scorecard
Operating result
-13.6k NOK
n/m
—
Net result
-10.4k NOK
-14.2k NOK
-36.6%
Equity
26.8k NOK
12.6k NOK
-53.0%
Cash
n/m
12 NOK
—
Total assets
51.1k NOK
418.2k NOK
+719.1%
What deteriorated
-
↓
Net result weakened
Net result -10.4k NOK → -14.2k NOK. Calculated
-
↓
Equity eroded
Book equity 26.8k NOK → 12.6k NOK (equity ratio 52.5% → 3.0%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 3.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 45.0k NOK → 408.0k NOK. Reported fact