ACK INVEST AS: årsregnskap 2019 vs 2018
Grew 216567% on revenue, stronger earnings, cash halved-plus
approved 2020-03-03; registry 2020-03-07; journal 2020 230693
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACK INVEST AS. Revenue 6 NOK → 13.0k NOK (+216566.7%). Net result -59.6k NOK → -30.4k NOK. Equity 7.37m NOK → 7.34m NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ACK INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6 NOK to 13.0k NOK (+216566.7% YoY). Calculated
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↑
Net result improved
Net result -59.6k NOK → -30.4k NOK (net margin -993800.0% → -234.1%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -34.8k NOK → -37.1k NOK (op. margin -580566.7% → -285.3%). Calculated
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↓
Equity eroded
Book equity 7.37m NOK → 7.34m NOK (equity ratio 98.4% → 97.8%). Calculated
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↓
Cash fell
Bank deposits 7.49m NOK → 2.73m NOK (-63.6% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (7.49m NOK → 2.73m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation