Org.nr 889 248 122 2017 → 2018 Year-over-year analysis

ACK HOLDING AS: årsregnskap 2018 vs 2017

Returned to profit

approved 2019-06-26; registry 2019-07-13; journal 2019 701536

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ACK HOLDING AS. Net result -29.2k NOK → +33.4k NOK. Equity -271.3k NOK → -304.6k NOK.

On the constructive side: turned profitable. Pressures included: operating result weakened; equity eroded; cash fell.

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

Scorecard

Operating result
-29.4k NOK -33.2k NOK
-13.0%
Net result
-29.2k NOK +33.4k NOK
+214.2%
Equity
-271.3k NOK -304.6k NOK
-12.3%
Cash
150.7k NOK 112.9k NOK
-25.1%
Total assets
844.9k NOK 807.1k NOK
-4.5%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 29.2k NOK to a profit of 33.4k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -29.4k NOK → -33.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -271.3k NOK → -304.6k NOK (equity ratio -32.1% → -37.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 150.7k NOK → 112.9k NOK (-25.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -37.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 694.2k NOK → 1 NOK. Reported fact