AC/DC MARINE CONSULT AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2021-04-05; registry 2021-04-21; journal 2021 212634
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AC/DC MARINE CONSULT AS. Net result -28.8k NOK → -62.3k NOK. Equity -115.1k NOK → -177.4k NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AC/DC MARINE CONSULT AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 319.6k NOK → 393.3k NOK (+23.1% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -28.8k NOK → -62.3k NOK. Calculated
-
↓
Net result weakened
Net result -28.8k NOK → -62.3k NOK. Calculated
-
↓
Equity eroded
Book equity -115.1k NOK → -177.4k NOK (equity ratio -36.0% → -45.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -45.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation