AC KLIMA AS: årsregnskap 2018 vs 2017
Shrank 91% on revenue, cash halved-plus
approved 2019-06-20; registry 2019-08-03; journal 2019 910186
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AC KLIMA AS. Revenue 57.5k NOK → 5 290 NOK (-90.8%). Net result -9 796 NOK → -19.4k NOK. Equity 33.8k NOK → 14.4k NOK.
Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AC KLIMA AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 57.5k NOK to 5 290 NOK (-90.8% YoY). Calculated
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Net result weakened
Net result -9 796 NOK → -19.4k NOK (net margin -17.0% → -366.6%). Calculated
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Equity eroded
Book equity 33.8k NOK → 14.4k NOK (equity ratio 87.2% → 137.5%). Calculated
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Cash fell
Bank deposits 20.4k NOK → 9 117 NOK (-55.2% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 7.79× → -2.67× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS fell
COGS / varekostnad 31.9k NOK → 8 888 NOK (-72.1% YoY). Calculated