Org.nr 988 594 687 2017 → 2018 Year-over-year analysis

ACADIA HOLDING AS: årsregnskap 2018 vs 2017

Shrank 58% on revenue

approved 2019-06-26; registry 2019-07-04; journal 2019 604620

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ACADIA HOLDING AS. Revenue 16.11m NOK → 6.77m NOK (-58.0%). Equity 105.96m NOK → 112.03m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

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

Scorecard

Revenue
16.11m NOK 6.77m NOK
-58.0%
Operating result
+15.72m NOK +6.37m NOK
-59.5%
Equity
105.96m NOK 112.03m NOK
+5.7%
Cash
6.80m NOK 5.48m NOK
-19.5%
Total assets
125.82m NOK 135.29m NOK
+7.5%

What improved

  • ↑

    Equity strengthened

    Book equity 105.96m NOK → 112.03m NOK (equity ratio 84.2% → 82.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 16.11m NOK to 6.77m NOK (-58.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +15.72m NOK → +6.37m NOK (op. margin 97.6% → 94.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.80m NOK → 5.48m NOK (-19.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.06× → 0.57× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 105.77m NOK → 122.52m NOK. Reported fact