AC&DC POWER AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue
approved 2018-06-29; registry 2018-08-01; journal 2018 886306
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AC&DC POWER AS. Revenue 214.0k NOK → 0 NOK (-100.0%). Equity 49.3k NOK → -41.1k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AC&DC POWER AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 214.0k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result -13.0k NOK → -76.3k NOK. Calculated
-
↓
Equity eroded
Book equity 49.3k NOK → -41.1k NOK (equity ratio 16.9% → -40.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -40.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 128.8k NOK → 76.3k NOK (-40.8% YoY). Calculated