ACCA INVEST AS: årsregnskap 2019 vs 2018
Shrank 93% on revenue, slipped into loss
approved 2019-12-31; registry 2020-04-29; journal 2020 318057
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACCA INVEST AS. Revenue 707.3k NOK → 48.0k NOK (-93.2%). Net result +199.2k NOK → -87.9k NOK. Equity -3.28m NOK → -3.37m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACCA INVEST AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 1 027 NOK → 150.3k NOK (+14532.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 707.3k NOK to 48.0k NOK (-93.2% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 199.2k NOK profit to a loss of 87.9k NOK. Calculated
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↓
Equity eroded
Book equity -3.28m NOK → -3.37m NOK (equity ratio -40.2% → -44.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -44.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 6.12m NOK → 7.42m NOK. Reported fact