A.C.E. RACKET OG TRENINGSSENTER AS: årsregnskap 2019 vs 2018
Grew 997784% on revenue, cash halved-plus
approved 2020-08-31; registry 2020-10-03; journal 2020 900967
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A.C.E. RACKET OG TRENINGSSENTER AS. Revenue 480 NOK → 4.79m NOK (+997784.2%). Equity -489.7k NOK → -784.5k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A.C.E. RACKET OG TRENINGSSENTER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 480 NOK to 4.79m NOK (+997784.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity -489.7k NOK → -784.5k NOK (equity ratio -4.7% → -8.2%). Calculated
-
↓
Cash fell
Bank deposits 418.6k NOK → 203.5k NOK (-51.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -8.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 181.8k NOK → 498.4k NOK (+174.1% YoY). Calculated