ACCION AS: årsregnskap 1999 vs 1998
Fresh owner capital
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ACCION AS. Equity 284.6k NOK → 250.8k NOK.
On the constructive side: owners injected capital. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCION AS.
At a glance
Scorecard
Revenue
n/m
636.7k NOK
—
Operating result
+165.2k NOK
+43.1k NOK
-73.9%
Net result
n/m
+81.2k NOK
—
Equity
284.6k NOK
250.8k NOK
-11.9%
Cash
10.6k NOK
8 035 NOK
-24.5%
Total assets
3.25m NOK
3.23m NOK
-0.4%
What improved
-
↑
Owners injected capital
Paid-in equity rose 50.0k NOK → 100.3k NOK (+50.3k NOK). Reported fact
What deteriorated
-
↓
Operating result weakened
Operating result +165.2k NOK → +43.1k NOK. Calculated
-
↓
Equity eroded
Book equity 284.6k NOK → 250.8k NOK (equity ratio 8.8% → 7.8%). Calculated
-
↓
Cash fell
Bank deposits 10.6k NOK → 8 035 NOK (-24.5% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 7.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation