ACA PROPERTY AS: årsregnskap 2018 vs 2017
Slipped into loss
approved 2019-05-14; registry 2019-06-04; journal 2019 380500
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACA PROPERTY AS. Revenue 480.0k NOK → 469.7k NOK (-2.1%). Net result +100.1k NOK → -202.5k NOK. Equity 883.0k NOK → 680.5k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACA PROPERTY AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 228.4k NOK → 918.5k NOK (+302.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 480.0k NOK to 469.7k NOK (-2.1% YoY). Calculated
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↓
Operating result weakened
Operating result +39.1k NOK → -29.0k NOK (op. margin 8.2% → -6.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 100.1k NOK profit to a loss of 202.5k NOK. Calculated
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↓
Equity eroded
Book equity 883.0k NOK → 680.5k NOK (equity ratio 16.3% → 8.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation