ACFP AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue
approved 2018-04-12; registry 2018-06-06; journal 2018 419386
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACFP AS. Revenue 115.80m NOK → 117.1k NOK (-99.9%). Equity 119.41m NOK → 146.9k NOK.
On the constructive side: operating result improved; current ratio back above 1×. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACFP AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +58.51m NOK → +59.62m NOK (op. margin 50.5% → 50901.1%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.60× → 1.81×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 115.80m NOK to 117.1k NOK (-99.9% YoY). Calculated
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↓
Equity eroded
Book equity 119.41m NOK → 146.9k NOK (equity ratio 28.5% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 35.44m NOK → 27.66m NOK (-21.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 10.07m NOK → 10.1k NOK. Reported fact