Org.nr 996 380 092 2016 → 2017 Year-over-year analysis

KEEP EXPANDING AS: årsregnskap 2017 vs 2016

Mixed movements in the accounts

approved 2018-05-29; registry 2018-06-02; journal 2018 434484

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for KEEP EXPANDING AS. Equity 823.7k NOK → 989.4k NOK.

On the constructive side: equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for KEEP EXPANDING AS.

At a glance

Operating result

-179.9k NOK n/m

—

Net result

+2 016 NOK n/m

—

Equity

823.7k NOK 989.4k NOK

+20.1%

Cash

139.5k NOK 120.3k NOK

-13.7%

Total assets

828.2k NOK 1.47m NOK

+77.4%

↑
Equity strengthened

Book equity 823.7k NOK → 989.4k NOK (equity ratio 99.5% → 67.3%). Calculated

↓
Cash fell

Bank deposits 139.5k NOK → 120.3k NOK (-13.7% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 63.15× → 0.26× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Book investments changed

Investment / intangible book value 219.1k NOK → 942.0k NOK. Reported fact