EMPOWERED AS: årsregnskap 2016 vs 2015
Cash halved-plus
approved 2017-06-29; registry 2017-07-03; journal 2017 581815
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for EMPOWERED AS. Net result -20.7k NOK → -12.9k NOK. Equity -1 814 NOK → -14.7k NOK.
On the constructive side: net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for EMPOWERED AS.
At a glance
Scorecard
Operating result
n/m
-12.9k NOK
—
Net result
-20.7k NOK
-12.9k NOK
+37.8%
Equity
-1 814 NOK
-14.7k NOK
-711.7%
Cash
10.6k NOK
574 NOK
-94.6%
Total assets
10.7k NOK
574 NOK
-94.6%
What improved
-
↑
Net result improved
Net result -20.7k NOK → -12.9k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -1 814 NOK → -14.7k NOK (equity ratio -17.0% → -2565.2%). Calculated
-
↓
Cash fell
Bank deposits 10.6k NOK → 574 NOK (-94.6% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -2565.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation