ACAPULCO ADVISORS AS: årsregnskap 2019 vs 2018
Grew 310% on revenue, slipped into loss, cash halved-plus
approved 2020-07-15; registry 2020-08-15; journal 2020 674984
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACAPULCO ADVISORS AS. Revenue 115.9k NOK → 475.9k NOK (+310.5%). Net result +698.9k NOK → -578.5k NOK. Equity 936.1k NOK → 9.66m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: fell into a net loss; cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACAPULCO ADVISORS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 115.9k NOK to 475.9k NOK (+310.5% YoY). Calculated
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Equity strengthened
Book equity 936.1k NOK → 9.66m NOK (equity ratio 22.1% → 1469.7%). Calculated
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Payroll decreased
Salary cost 5.74m NOK → 901.3k NOK (4953% → 189% of revenue). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 698.9k NOK profit to a loss of 578.5k NOK. Calculated
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Cash fell
Bank deposits 996.6k NOK → 167.4k NOK (-83.2% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.13× → -1150.59× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 520.8k NOK → 4 NOK. Reported fact