Org.nr 915 627 579 2017 → 2018 Year-over-year analysis

ACC TROMSØ AS: årsregnskap 2018 vs 2017

Shrank 76% on revenue, cash halved-plus

approved 2019-05-31; registry 2019-08-03; journal 2019 851715

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ACC TROMSØ AS. Revenue 460.0k NOK → 111.9k NOK (-75.7%). Equity 10.23m NOK → 147.0k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACC TROMSØ AS.

Scorecard

Revenue
460.0k NOK 111.9k NOK
-75.7%
Net result
+52.4k NOK n/m
—
Equity
10.23m NOK 147.0k NOK
-98.6%
Cash
50.7k NOK 1 086 NOK
-97.9%
Total assets
293.3k NOK 205.8k NOK
-29.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 460.0k NOK to 111.9k NOK (-75.7% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 10.23m NOK → 147.0k NOK (equity ratio 3489.0% → 71.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 50.7k NOK → 1 086 NOK (-97.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.12× → 0.18× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 208.2k NOK → 47.7k NOK (-77.1% YoY). Calculated