ACASO INVEST AS: årsregnskap 2017 vs 2016
Stronger earnings, cash halved-plus
approved 2018-05-22; registry 2018-08-01; journal 2018 840785
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACASO INVEST AS. Net result +17.8k NOK → +51.1k NOK. Equity -622.6k NOK → -673.7k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACASO INVEST AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -17.8k NOK → +451.1k NOK. Calculated
-
↑
Net result improved
Net result +17.8k NOK → +51.1k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -622.6k NOK → -673.7k NOK (equity ratio -974.2% → -863676.9%). Calculated
-
↓
Cash fell
Bank deposits 9 903 NOK → 78 NOK (-99.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.69× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -863676.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation