A/S POLYCORP: årsregnskap 2018 vs 2017
Shrank 56% on revenue
approved 2019-06-30; registry 2019-08-12; journal 2019 903238
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A/S POLYCORP. Revenue 90.0k NOK → 40.0k NOK (-55.6%). Equity 2.30m NOK → 1.26m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A/S POLYCORP.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 1.31m NOK → 1.65m NOK (+25.9% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 90.0k NOK to 40.0k NOK (-55.6% YoY). Calculated
-
↓
Equity eroded
Book equity 2.30m NOK → 1.26m NOK (equity ratio 11.5% → 6.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 8.38m NOK → 7.82m NOK. Reported fact