FirmaIQ
Org.nr 914 348 803 2016 → 2017 Year-over-year analysis

Moelven Industrier ASA: årsregnskap 2017 vs 2016

Shrank 98% on revenue

approved 2018-04-25; registry 2018-05-29; journal 2018 368298

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for Moelven Industrier ASA. Revenue 100.40m NOK → 2.10m NOK (-97.9%). Equity 778.60m NOK → 14.81m NOK.

Pressures included: revenue fell; equity eroded; cogs moved.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for Moelven Industrier ASA.

At a glance

Scorecard

Revenue
100.40m NOK 2.10m NOK
-97.9%
Operating result
+295.0k NOK n/m
—
Equity
778.60m NOK 14.81m NOK
-98.1%
Cash
0 NOK 0 NOK
0.0%
Total assets
2.55bn NOK 2.55bn NOK
+0.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 100.40m NOK to 2.10m NOK (-97.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 778.60m NOK → 14.81m NOK (equity ratio 30.6% → 0.6%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 6.54bn NOK → 6.84bn NOK (+4.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 14.8k NOK → 800 NOK. Reported fact