Org.nr 888 059 512 2017 → 2018 Year-over-year analysis

ACAN AS: årsregnskap 2018 vs 2017

Slipped into loss, cash halved-plus

approved 2019-05-29; registry 2019-08-15; journal 2019 923428

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ACAN AS. Net result +124.2k NOK → -224.9k NOK. Equity 22.81m NOK → 22.58m NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

Scorecard

Operating result
-36.2k NOK -120.8k NOK
-233.4%
Net result
+124.2k NOK -224.9k NOK
-281.1%
Equity
22.81m NOK 22.58m NOK
-1.0%
Cash
12.38m NOK 5.71m NOK
-53.9%
Total assets
27.55m NOK 26.31m NOK
-4.5%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -36.2k NOK → -120.8k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 124.2k NOK profit to a loss of 224.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 22.81m NOK → 22.58m NOK (equity ratio 82.8% → 85.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 12.38m NOK → 5.71m NOK (-53.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.91m NOK → 10.04m NOK. Reported fact