ACHB DRIFT AS: årsregnskap 2019 vs 2018
Shrank 33% on revenue
approved 2019-12-31; registry 2020-09-16; journal 2020 819351
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACHB DRIFT AS. Revenue 1.55m NOK → 1.05m NOK (-32.7%). Equity 12.23m NOK → 11 NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACHB DRIFT AS.
At a glance
Scorecard
Revenue
1.55m NOK
1.05m NOK
-32.7%
Operating result
n/m
-203.8k NOK
—
Net result
n/m
-197.4k NOK
—
Equity
12.23m NOK
11 NOK
-100.0%
Cash
3 774 NOK
19.1k NOK
+406.5%
Total assets
539.2k NOK
679.8k NOK
+26.1%
What improved
-
↑
Cash rose
Bank deposits 3 774 NOK → 19.1k NOK (+406.5% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.55m NOK to 1.05m NOK (-32.7% YoY). Calculated
-
↓
Equity eroded
Book equity 12.23m NOK → 11 NOK (equity ratio 2268.4% → 0.0%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation