ACKEN AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-08-26; registry 2020-09-05; journal 2020 737058
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACKEN AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -22.7k NOK → -17.0k NOK. Equity 1 464 NOK → -15.6k NOK.
On the constructive side: net result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACKEN AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result -22.7k NOK → -17.0k NOK. Calculated
-
↑
Cash rose
Bank deposits 2 289 NOK → 14.0k NOK (+510.0% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 1 464 NOK → -15.6k NOK (equity ratio 10.7% → -59.8%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.77× → 0.49× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -59.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation