FirmaIQ
Org.nr 986 230 513 2017 → 2018 Year-over-year analysis

AC DESIGNTECH AS: årsregnskap 2018 vs 2017

Shrank 59% on revenue, slipped into loss, cash halved-plus

approved 2019-05-25; registry 2019-06-15; journal 2019 429396

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AC DESIGNTECH AS. Revenue 1.38m NOK → 568.4k NOK (-58.9%). Net result +209.5k NOK → -2 628 NOK. Equity 494.1k NOK → 491.5k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AC DESIGNTECH AS.

At a glance

Scorecard

Revenue
1.38m NOK 568.4k NOK
-58.9%
Operating result
+213.5k NOK -35.5k NOK
-116.6%
Net result
+209.5k NOK -2 628 NOK
-101.3%
Equity
494.1k NOK 491.5k NOK
-0.5%
Cash
287.96m NOK 20.2k NOK
-100.0%
Total assets
501.6k NOK 521.7k NOK
+4.0%

What improved

  • ↑

    Payroll decreased

    Salary cost 379.7k NOK → 176.2k NOK (27% → 31% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.38m NOK to 568.4k NOK (-58.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +213.5k NOK → -35.5k NOK (op. margin 15.4% → -6.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 209.5k NOK profit to a loss of 2 628 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 494.1k NOK → 491.5k NOK (equity ratio 98.5% → 94.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 287.96m NOK → 20.2k NOK (-100.0% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (287.96m NOK → 20.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation