ARRIBATEC GROUP ASA: årsregnskap 2017 vs 2016
Slipped into loss, fresh owner capital
approved 2018-04-30; registry 2018-08-13; journal 2018 908323
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ARRIBATEC GROUP ASA. Revenue 0 NOK → 460.0k NOK. Net result +87.94m NOK → -46.20m NOK. Equity 90.94m NOK → 7.15bn NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: fell into a net loss.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ARRIBATEC GROUP ASA.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 460.0k NOK. Calculated
-
↑
Equity strengthened
Book equity 90.94m NOK → 7.15bn NOK (equity ratio 92.9% → 4495.6%). Calculated
-
↑
Cash rose
Bank deposits 1.61m NOK → 10.23m NOK (+534.4% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.29× → 3.38×. Calculated
-
↑
Owners injected capital
Paid-in equity rose 95.87m NOK → 205.50m NOK (+109.63m NOK). Reported fact
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 87.94m NOK profit to a loss of 46.20m NOK. Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 3.57m NOK → 11.69m NOK (+227.3% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 95.90m NOK → 144.11m NOK. Reported fact