FirmaIQ
Org.nr 991 723 528 2017 → 2018 Year-over-year analysis

ACINI HOLDING AS: årsregnskap 2018 vs 2017

Shrank 86% on revenue, weaker earnings, fresh owner capital

approved 2019-06-20; registry 2019-07-15; journal 2019 710564

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ACINI HOLDING AS. Revenue 699.9k NOK → 100.0k NOK (-85.7%). Net result +8.09m NOK → +665.8k NOK. Equity 5.12bn NOK → 5.12bn NOK.

On the constructive side: operating result improved; cash rose; owners injected capital. Pressures included: revenue fell; net result weakened; equity eroded.

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

At a glance

Scorecard

Revenue
699.9k NOK 100.0k NOK
-85.7%
Operating result
+66.5k NOK +593.1k NOK
+791.9%
Net result
+8.09m NOK +665.8k NOK
-91.8%
Equity
5.12bn NOK 5.12bn NOK
-0.1%
Cash
10.91m NOK 29.84m NOK
+173.5%
Total assets
127.89m NOK 126.28m NOK
-1.3%

What improved

  • ↑

    Operating result improved

    Operating result +66.5k NOK → +593.1k NOK (op. margin 9.5% → 593.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.91m NOK → 29.84m NOK (+173.5% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 116.9k NOK → 116.94m NOK (+116.82m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 563.7k NOK → 5 088 NOK (81% → 5% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 699.9k NOK to 100.0k NOK (-85.7% YoY). Calculated

  • ↓

    Net result weakened

    Net result +8.09m NOK → +665.8k NOK (net margin 1155.2% → 665.8%). Calculated

  • ↓

    Equity eroded

    Book equity 5.12bn NOK → 5.12bn NOK (equity ratio 4007.5% → 4054.3%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4 591 NOK → 96.44m NOK. Reported fact