ACALIS AS: årsregnskap 2018 vs 2017
Shrank 59% on revenue, cash halved-plus
approved 2019-05-31; registry 2019-07-30; journal 2019 855349
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACALIS AS. Revenue 736.6k NOK → 305.0k NOK (-58.6%). Equity -173.3k NOK → -290.6k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ACALIS AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 736.6k NOK to 305.0k NOK (-58.6% YoY). Calculated
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↓
Equity eroded
Book equity -173.3k NOK → -290.6k NOK (equity ratio -8.6% → -15.4%). Calculated
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↓
Cash fell
Bank deposits 11.8k NOK → 1 228 NOK (-89.6% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -15.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 206.7k NOK → 280 NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 576.1k NOK → 163.5k NOK (-71.6% YoY). Calculated
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Book investments changed
Investment / intangible book value 25.0k NOK → 0 NOK. Reported fact