CAPSOL TECHNOLOGIES ASA: årsregnskap 2017 vs 2016
Stronger earnings, cash halved-plus
approved 2018-06-15; registry 2018-06-20; journal 2018 513501
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for CAPSOL TECHNOLOGIES ASA. Net result -2.30m NOK → -709.0k NOK. Equity -3.85m NOK → -4.55m NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for CAPSOL TECHNOLOGIES ASA.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -2.30m NOK → -709.0k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -544.9k NOK → -707.5k NOK. Calculated
-
↓
Equity eroded
Book equity -3.85m NOK → -4.55m NOK (equity ratio -52.2% → -59.5%). Calculated
-
↓
Cash fell
Bank deposits 7 525 NOK → 768 NOK (-89.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -59.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 1 750 NOK → 1 NOK. Reported fact