Org.nr 981 876 962 2017 → 2018 Year-over-year analysis

A-CIRCLE AS: årsregnskap 2018 vs 2017

Shrank 8% on revenue, cash halved-plus

approved 2019-09-06; registry 2019-09-12; journal 2019 934721

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A-CIRCLE AS. Revenue 6.70m NOK → 6.14m NOK (-8.4%). Equity 1.16m NOK → 955.4k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-CIRCLE AS.

At a glance

Revenue

6.70m NOK 6.14m NOK

-8.4%

Operating result

n/m +10 NOK

—

Net result

n/m -206.2k NOK

—

Equity

1.16m NOK 955.4k NOK

-17.8%

Cash

961.1k NOK 365.6k NOK

-62.0%

Total assets

4.49m NOK 3.97m NOK

-11.8%

↓
Revenue fell

Operating income / revenue moved from 6.70m NOK to 6.14m NOK (-8.4% YoY). Calculated
↓
Equity eroded

Book equity 1.16m NOK → 955.4k NOK (equity ratio 25.8% → 24.1%). Calculated
↓
Cash fell

Bank deposits 961.1k NOK → 365.6k NOK (-62.0% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 1 NOK → 3.55m NOK (0% → 58% of revenue). Calculated

·
COGS fell

COGS / varekostnad 241.2k NOK → 184.1k NOK (-23.7% YoY). Calculated