FirmaIQ
Org.nr 910 659 693 2017 → 2018 Year-over-year analysis

ACINI CAPITAL AS: årsregnskap 2018 vs 2017

Weaker earnings, cash halved-plus

approved 2019-06-20; registry 2019-07-15; journal 2019 709984

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ACINI CAPITAL AS. Net result +115.16m NOK → +35.32m NOK. Equity 2.18bn NOK → 2.22bn NOK.

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

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ACINI CAPITAL AS.

At a glance

Scorecard

Operating result
n/m +4.08m NOK
—
Net result
+115.16m NOK +35.32m NOK
-69.3%
Equity
2.18bn NOK 2.22bn NOK
+1.6%
Cash
27.13m NOK 3.60m NOK
-86.7%
Total assets
228.47m NOK 218.25m NOK
-4.5%

What improved

  • ↑

    Equity strengthened

    Book equity 2.18bn NOK → 2.22bn NOK (equity ratio 955.1% → 1016.0%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +115.16m NOK → +35.32m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 27.13m NOK → 3.60m NOK (-86.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (27.13m NOK → 3.60m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2 NOK → 25.45m NOK. Reported fact