Org.nr 987 377 283 2017 → 2018 Year-over-year analysis

ACHESON AS: årsregnskap 2018 vs 2017

Weaker earnings, cash halved-plus

approved 2019-04-24; registry 2019-06-11; journal 2019 401660

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ACHESON AS. Net result +809.7k NOK → +477.1k NOK. Equity 12.36m NOK → 15.64m NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACHESON AS.

Scorecard

Operating result
-69.4k NOK +230.9k NOK
+432.6%
Net result
+809.7k NOK +477.1k NOK
-41.1%
Equity
12.36m NOK 15.64m NOK
+26.5%
Cash
369.6k NOK 77.6k NOK
-79.0%
Total assets
12.67m NOK 16.73m NOK
+32.1%

What improved

  • ↑

    Operating result improved

    Operating result -69.4k NOK → +230.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 12.36m NOK → 15.64m NOK (equity ratio 97.5% → 93.5%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +809.7k NOK → +477.1k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 369.6k NOK → 77.6k NOK (-79.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 12.26m NOK → 6.87m NOK. Reported fact