Org.nr 889 248 122 2016 → 2017 Year-over-year analysis

ACK HOLDING AS: årsregnskap 2017 vs 2016

Stronger earnings

approved 2018-06-25; registry 2018-07-10; journal 2018 662512

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ACK HOLDING AS. Net result -86.3k NOK → -29.2k NOK. Equity -242.0k NOK → -271.3k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACK HOLDING AS.

Scorecard

Operating result
-86.5k NOK -29.4k NOK
+66.0%
Net result
-86.3k NOK -29.2k NOK
+66.1%
Equity
-242.0k NOK -271.3k NOK
-12.1%
Cash
173.7k NOK 150.7k NOK
-13.3%
Total assets
867.9k NOK 844.9k NOK
-2.7%

What improved

  • ↑

    Operating result improved

    Operating result -86.5k NOK → -29.4k NOK. Calculated

  • ↑

    Net result improved

    Net result -86.3k NOK → -29.2k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -242.0k NOK → -271.3k NOK (equity ratio -27.9% → -32.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 173.7k NOK → 150.7k NOK (-13.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -32.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation