Org.nr 917 850 984 2016 → 2017 Year-over-year analysis

NÆRINGSBANKEN ASA: årsregnskap 2017 vs 2016

Returned to profit, fresh owner capital

approved 2018-03-13; registry 2018-07-24; journal 2018 770655

Full company analysis · All year comparisons

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.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+1 711 NOK -6.28m NOK
-367062.5%
Net result
-4.72m NOK +2 017 NOK
+100.0%
Equity
284.8k NOK 195.7k NOK
-31.3%
Cash
1 136 NOK 45.62m NOK
+4016010.0%
Total assets
1.14m NOK 198.41m NOK
+17359.9%

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