ACD INVEST AS: årsregnskap 2019 vs 2018
Stronger earnings, cash halved-plus
approved 2020-08-31; registry 2020-10-14; journal 2020 953201
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACD INVEST AS. Net result -6.99m NOK → -692.3k NOK. Equity -6.50m NOK → -7.19m NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACD INVEST AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -6.99m NOK → -692.3k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -92.0k NOK → -692.3k NOK. Calculated
-
↓
Equity eroded
Book equity -6.50m NOK → -7.19m NOK (equity ratio -969.2% → -1345.3%). Calculated
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↓
Cash fell
Bank deposits 76.3k NOK → 6 154 NOK (-91.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1345.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 8.10m NOK → 100.3k NOK. Reported fact