AC ROSENBERG AS: årsregnskap 2018 vs 2017
Shrank 25% on revenue, cash halved-plus
approved 2019-03-19; registry 2019-03-25; journal 2019 249365
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AC ROSENBERG AS. Revenue 267.1k NOK → 199.7k NOK (-25.2%). Equity 54.3k NOK → -72.6k 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 ROSENBERG AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 267.1k NOK to 199.7k NOK (-25.2% YoY). Calculated
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↓
Operating result weakened
Operating result +5 487 NOK → -127.8k NOK (op. margin 2.1% → -64.0%). Calculated
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↓
Equity eroded
Book equity 54.3k NOK → -72.6k NOK (equity ratio 45.3% → -29.7%). Calculated
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↓
Cash fell
Bank deposits 33.2k NOK → 12.2k NOK (-63.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.83× → 0.77× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -29.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 45.7k NOK → 4 700 NOK (-89.7% YoY). Calculated