AC CARS NORDIC AS: årsregnskap 2018 vs 2017
Mixed movements in the accounts
approved 2019-05-16; registry 2019-06-06; journal 2019 386214
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AC CARS NORDIC AS. Revenue 7 092 NOK → 7 092 NOK (0.0%). Equity 2 103 NOK → -37.0k NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AC CARS NORDIC AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 16.0k NOK → 19.7k NOK (+23.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +381.3k NOK → -39.0k NOK (op. margin 5376.7% → -549.8%). Calculated
-
↓
Equity eroded
Book equity 2 103 NOK → -37.0k NOK (equity ratio 13.1% → -187.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -187.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation