FirmaIQ
Org.nr 995 075 040 2016 → 2017 Year-over-year analysis

ACORP HOLDING AS: årsregnskap 2017 vs 2016

Shrank 93% on revenue, slipped into loss, cash halved-plus

approved 2018-06-27; registry 2018-07-10; journal 2018 655986

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACORP HOLDING AS. Revenue 3.07m NOK → 200.0k NOK (-93.5%). Net result +1.94m NOK → -760.8k NOK. Equity 1.11m NOK → 6.35m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACORP HOLDING AS.

At a glance

Scorecard

Revenue
3.07m NOK 200.0k NOK
-93.5%
Operating result
+2.54m NOK +135.3k NOK
-94.7%
Net result
+1.94m NOK -760.8k NOK
-139.2%
Equity
1.11m NOK 6.35m NOK
+472.2%
Cash
876.1k NOK 387.1k NOK
-55.8%
Total assets
4.28m NOK 1.90m NOK
-55.6%

What improved

  • ↑

    Equity strengthened

    Book equity 1.11m NOK → 6.35m NOK (equity ratio 25.9% → 333.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.07m NOK to 200.0k NOK (-93.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.54m NOK → +135.3k NOK (op. margin 82.6% → 67.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.94m NOK profit to a loss of 760.8k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 876.1k NOK → 387.1k NOK (-55.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 503.1k NOK → 3 000 NOK. Reported fact