AC CARS NORDIC AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-06-20; registry 2020-06-27; journal 2020 499037
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AC CARS NORDIC AS. Equity -37.0k NOK → -85.3k NOK.
Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AC CARS NORDIC AS.
At a glance
Scorecard
Revenue
7 092 NOK
n/m
—
Operating result
-39.0k NOK
-48.4k NOK
-24.0%
Net result
n/m
-48.4k NOK
—
Equity
-37.0k NOK
-85.3k NOK
-130.9%
Cash
19.7k NOK
4 721 NOK
-76.0%
Total assets
19.7k NOK
4 721 NOK
-76.0%
What deteriorated
-
↓
Operating result weakened
Operating result -39.0k NOK → -48.4k NOK. Calculated
-
↓
Equity eroded
Book equity -37.0k NOK → -85.3k NOK (equity ratio -187.8% → -1807.5%). Calculated
-
↓
Cash fell
Bank deposits 19.7k NOK → 4 721 NOK (-76.0% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -1807.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation