MORROW BATTERIES ASA: årsregnskap 2016 vs 2015
Cash halved-plus
approved 2017-06-28; registry 2017-07-08; journal 2017 625854
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for MORROW BATTERIES ASA. Equity 11.0k NOK → 5.84m NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for MORROW BATTERIES ASA.
At a glance
Scorecard
Operating result
-5 099 NOK
-5 150 NOK
-1.0%
Net result
-15.2k NOK
n/m
—
Equity
11.0k NOK
5.84m NOK
+52960.6%
Cash
36.7k NOK
1 440 NOK
-96.1%
Total assets
674.6k NOK
985.0k NOK
+46.0%
What improved
-
↑
Equity strengthened
Book equity 11.0k NOK → 5.84m NOK (equity ratio 1.6% → 592.8%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.06× → 40.83×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -5 099 NOK → -5 150 NOK. Calculated
-
↓
Cash fell
Bank deposits 36.7k NOK → 1 440 NOK (-96.1% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 666.0k NOK → 10.0k NOK. Reported fact