ACD INVEST AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue, weaker earnings
approved 2019-07-10; registry 2019-08-07; journal 2019 891788
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACD INVEST AS. Revenue 46.0k NOK → 0 NOK (-100.0%). Net result -64.7k NOK → -6.99m NOK. Equity 494.6k NOK → -6.50m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ACD INVEST AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 46.0k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result -64.8k NOK → -92.0k NOK. Calculated
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↓
Net result weakened
Net result -64.7k NOK → -6.99m NOK. Calculated
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↓
Equity eroded
Book equity 494.6k NOK → -6.50m NOK (equity ratio 77.0% → -969.2%). Calculated
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↓
Cash fell
Bank deposits 82.4k NOK → 76.3k NOK (-7.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -969.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 494.6k NOK → 110.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 2 663 NOK → 8.10m NOK. Reported fact