ACE ARKITEKTER AS: årsregnskap 2018 vs 2017
Shrank 32% on revenue, cash halved-plus
approved 2019-06-30; registry 2019-07-13; journal 2019 704258
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACE ARKITEKTER AS. Revenue 738.7k NOK → 499.6k NOK (-32.4%). Equity 162.6k NOK → 209.3k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ACE ARKITEKTER AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 162.6k NOK → 209.3k NOK (equity ratio 43.6% → 81454.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 738.7k NOK to 499.6k NOK (-32.4% YoY). Calculated
-
↓
Cash fell
Bank deposits 373.3k NOK → 134.0k NOK (-64.1% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 3 523 NOK → 369.0k NOK (0% → 74% of revenue). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 30.0k NOK → 24.4k NOK — check capital reduction, conversion, or reclassification. Interpretation