ACCOUCHEUR HOLDING AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue, cash halved-plus
approved 2019-05-29; registry 2020-05-09; journal 2020 341137
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACCOUCHEUR HOLDING AS. Revenue 533.7k NOK → 533 NOK (-99.9%). Equity -92.7k NOK → -120.8k NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCOUCHEUR HOLDING AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -46.8k NOK → -28.2k NOK (op. margin -8.8% → -5285.0%). Calculated
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↑
Payroll decreased
Salary cost 218.9k NOK → 4 218 NOK (41% → 791% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 533.7k NOK to 533 NOK (-99.9% YoY). Calculated
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↓
Equity eroded
Book equity -92.7k NOK → -120.8k NOK (equity ratio -466.2% → -14844.2%). Calculated
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↓
Cash fell
Bank deposits 2 869 NOK → 814 NOK (-71.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -14844.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation