Org.nr 916 567 472 2017 → 2018 Year-over-year analysis

ACA FORVALTNING AS: årsregnskap 2018 vs 2017

Shrank 100% on revenue, cash halved-plus

approved 2019-05-29; registry 2019-07-02; journal 2019 580559

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ACA FORVALTNING AS. Revenue 590.05m NOK → 588.9k NOK (-99.9%). Equity 7.25m NOK → 328.0k NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACA FORVALTNING AS.

Scorecard

Revenue
590.05m NOK 588.9k NOK
-99.9%
Operating result
+392.4k NOK +171.0k NOK
-56.4%
Equity
7.25m NOK 328.0k NOK
-95.5%
Cash
157.8k NOK 39.5k NOK
-75.0%
Total assets
5.55m NOK 5.50m NOK
-1.0%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 21.6k NOK → 24.4k NOK (+2 846 NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 590.05m NOK to 588.9k NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +392.4k NOK → +171.0k NOK (op. margin 0.1% → 29.0%). Calculated

  • ↓

    Equity eroded

    Book equity 7.25m NOK → 328.0k NOK (equity ratio 130.7% → 6.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 157.8k NOK → 39.5k NOK (-75.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation