Org.nr 988 594 687 2016 → 2017 Year-over-year analysis

ACADIA HOLDING AS: årsregnskap 2017 vs 2016

Shrank 37% on revenue

approved 2018-06-28; registry 2018-07-04; journal 2018 618495

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACADIA HOLDING AS. Revenue 25.50m NOK → 16.11m NOK (-36.8%). Equity 90.51m NOK → 105.96m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACADIA HOLDING AS.

At a glance

Revenue

25.50m NOK 16.11m NOK

-36.8%

Operating result

+24.38m NOK +15.72m NOK

-35.5%

Equity

90.51m NOK 105.96m NOK

+17.1%

Cash

4.23m NOK 6.80m NOK

+60.7%

Total assets

114.30m NOK 125.82m NOK

+10.1%

↑
Equity strengthened

Book equity 90.51m NOK → 105.96m NOK (equity ratio 79.2% → 84.2%). Calculated
↑
Cash rose

Bank deposits 4.23m NOK → 6.80m NOK (+60.7% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.93× → 1.06×. Calculated

↓
Revenue fell

Operating income / revenue moved from 25.50m NOK to 16.11m NOK (-36.8% YoY). Calculated
↓
Operating result weakened

Operating result +24.38m NOK → +15.72m NOK (op. margin 95.6% → 97.6%). Calculated

·
Book investments changed

Investment / intangible book value 92.80m NOK → 105.77m NOK. Reported fact