NÆRINGSBANKEN ASA: årsregnskap 2017 vs 2016
Returned to profit, fresh owner capital
approved 2018-03-13; registry 2018-07-24; journal 2018 770655
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for NÆRINGSBANKEN ASA. Revenue 0 NOK → 0 NOK (0.0%). Net result -4.72m NOK → +2 017 NOK. Equity 284.8k NOK → 195.7k NOK.
On the constructive side: turned profitable; cash rose; owners injected capital. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for NÆRINGSBANKEN ASA.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 4.72m NOK to a profit of 2 017 NOK. Calculated
-
↑
Cash rose
Bank deposits 1 136 NOK → 45.62m NOK (+4016010.0% YoY). Calculated
-
↑
Owners injected capital
Paid-in equity rose -2.00m NOK → 203.44m NOK (+205.44m NOK). Reported fact
What deteriorated
-
↓
Operating result weakened
Operating result +1 711 NOK → -6.28m NOK. Calculated
-
↓
Equity eroded
Book equity 284.8k NOK → 195.7k NOK (equity ratio 25.1% → 0.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation