Org.nr 915 573 932 2016 → 2017 Year-over-year analysis

ACCOUCHEUR HOLDING AS: årsregnskap 2017 vs 2016

Shrank 42% on revenue, cash halved-plus

approved 2018-05-29; registry 2018-08-08; journal 2018 884688

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACCOUCHEUR HOLDING AS. Revenue 926.1k NOK → 533.7k NOK (-42.4%). Equity -45.7k NOK → -92.7k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACCOUCHEUR HOLDING AS.

At a glance

Revenue

926.1k NOK 533.7k NOK

-42.4%

Operating result

n/m -46.8k NOK

—

Equity

-45.7k NOK -92.7k NOK

-102.8%

Cash

34.8k NOK 2 869 NOK

-91.8%

Total assets

118.1k NOK 19.9k NOK

-83.2%

↑
Payroll decreased

Salary cost 365.8k NOK → 218.9k NOK (40% → 41% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 926.1k NOK to 533.7k NOK (-42.4% YoY). Calculated
↓
Equity eroded

Book equity -45.7k NOK → -92.7k NOK (equity ratio -38.7% → -466.2%). Calculated
↓
Cash fell

Bank deposits 34.8k NOK → 2 869 NOK (-91.8% YoY). Calculated

·
Thin equity buffer

Equity ratio is -466.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 279.7k NOK → 137.2k NOK (-50.9% YoY). Calculated