Org.nr 919 161 418 2018 → 2019 Year-over-year analysis

ACE ARKITEKTER AS: årsregnskap 2019 vs 2018

Shrank 68% on revenue

approved 2020-08-31; registry 2020-09-19; journal 2020 837830

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACE ARKITEKTER AS. Revenue 499.6k NOK → 161.2k NOK (-67.7%). Equity 209.3k NOK → 133.5k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACE ARKITEKTER AS.

At a glance

Revenue

499.6k NOK 161.2k NOK

-67.7%

Operating result

n/m -75.8k NOK

—

Net result

n/m -75.8k NOK

—

Equity

209.3k NOK 133.5k NOK

-36.2%

Cash

134.0k NOK 222.1k NOK

+65.7%

Total assets

257 NOK 231.45m NOK

+90059533.1%

↑
Cash rose

Bank deposits 134.0k NOK → 222.1k NOK (+65.7% YoY). Calculated
↑
Payroll decreased

Salary cost 369.0k NOK → 182.9k NOK (74% → 113% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 499.6k NOK to 161.2k NOK (-67.7% YoY). Calculated
↓
Equity eroded

Book equity 209.3k NOK → 133.5k NOK (equity ratio 81454.1% → 0.1%). Calculated

·
Thin equity buffer

Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation