ACE WELL TECHNOLOGY AS: årsregnskap 2018 vs 2017
Grew 96% on revenue
approved 2019-06-20; registry 2019-07-09; journal 2019 629493
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACE WELL TECHNOLOGY AS. Revenue 16.61m NOK → 32.64m NOK (+96.5%).
On the constructive side: revenue rose; current ratio back above 1×; owners injected capital. Pressures included: cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ACE WELL TECHNOLOGY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 16.61m NOK to 32.64m NOK (+96.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.19× → 2.15×. Calculated
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↑
Owners injected capital
Paid-in equity rose 45.22m NOK → 46.24m NOK (+1.01m NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 817.0k NOK → 685.8k NOK (-16.1% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 9.50m NOK → 13.57m NOK (+42.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.89m NOK → 87 NOK. Reported fact