Org.nr 997 657 020 2016 → 2017 Year-over-year analysis

ACO NORDIC AS: årsregnskap 2017 vs 2016

Cash halved-plus

approved 2018-03-15; registry 2018-03-22; journal 2018 241535

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACO NORDIC AS. Revenue 22.88m NOK → 23.75m NOK (+3.8%). Equity 5.59m NOK → 5.49m NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: equity eroded; cash fell.

Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for ACO NORDIC AS.

At a glance

Revenue

22.88m NOK 23.75m NOK

+3.8%

Operating result

-828.9k NOK n/m

—

Net result

-907.8k NOK n/m

—

Equity

5.59m NOK 5.49m NOK

-1.9%

Cash

1.51m NOK 264.4k NOK

-82.5%

Total assets

10.50m NOK 11.90m NOK

+13.3%

↑
Revenue rose

Operating income / revenue moved from 22.88m NOK to 23.75m NOK (+3.8% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 16.00m NOK → 17.60m NOK (+1.60m NOK). Reported fact

↓
Equity eroded

Book equity 5.59m NOK → 5.49m NOK (equity ratio 53.2% → 46.1%). Calculated
↓
Cash fell

Bank deposits 1.51m NOK → 264.4k NOK (-82.5% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (1.51m NOK → 264.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Payroll increased

Salary cost 5.52m NOK → 6.58m NOK (24% → 28% of revenue). Calculated
·
COGS moved

COGS / varekostnad 12.29m NOK → 12.69m NOK (+3.3% YoY). Calculated