Org.nr 918 721 541 2017 → 2018 Year-over-year analysis

A.C.E. RACKET OG TRENINGSSENTER AS: årsregnskap 2018 vs 2017

Shrank 100% on revenue, fresh owner capital

approved 2019-06-26; registry 2019-07-16; journal 2019 726494

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for A.C.E. RACKET OG TRENINGSSENTER AS. Revenue 400.0k NOK → 480 NOK (-99.9%). Equity 1.04m NOK → -489.7k NOK.

On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A.C.E. RACKET OG TRENINGSSENTER AS.

Scorecard

Revenue
400.0k NOK 480 NOK
-99.9%
Equity
1.04m NOK -489.7k NOK
-147.0%
Cash
50.7k NOK 418.6k NOK
+725.9%
Total assets
n/m 10.34m NOK
—

What improved

  • ↑

    Cash rose

    Bank deposits 50.7k NOK → 418.6k NOK (+725.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 2 015 NOK → 2.02m NOK (+2.01m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 400.0k NOK to 480 NOK (-99.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.04m NOK → -489.7k NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -4.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 331.8k NOK → 181.8k NOK (-45.2% YoY). Calculated