Org.nr 811 607 002 2016 → 2017 Year-over-year analysis

ACEA DEVELOPMENT AS: årsregnskap 2017 vs 2016

Cash halved-plus

approved 2018-06-26; registry 2018-07-12; journal 2018 681738

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACEA DEVELOPMENT AS. Revenue 0 NOK → 521.8k NOK. Equity 6.60m NOK → 3.72m NOK.

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

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ACEA DEVELOPMENT AS.

At a glance

Revenue

0 NOK 521.8k NOK

—

Operating result

-2.16m NOK n/m

—

Net result

n/m -2.89m NOK

—

Equity

6.60m NOK 3.72m NOK

-43.7%

Cash

689.5k NOK 165.2k NOK

-76.0%

Total assets

52.89m NOK 32.58m NOK

-38.4%

↑
Revenue rose

Operating income / revenue moved from 0 NOK to 521.8k NOK. Calculated

↓
Equity eroded

Book equity 6.60m NOK → 3.72m NOK (equity ratio 12.5% → 11.4%). Calculated
↓
Cash fell

Bank deposits 689.5k NOK → 165.2k NOK (-76.0% YoY). Calculated

·
Payroll increased

Salary cost 1.90m NOK → 2.17m NOK. Calculated
·
Book investments changed

Investment / intangible book value 32.89m NOK → 5.00m NOK. Reported fact