ACP KONGSHAVN AS: årsregnskap 2018 vs 2017
Mixed movements in the accounts
approved 2019-04-15; registry 2019-05-14; journal 2019 331627
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACP KONGSHAVN AS. Revenue 863.6k NOK → 826.8k NOK (-4.3%). Equity 793.4k NOK → 35.2k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACP KONGSHAVN AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 1 904 NOK → 1.40m NOK (+73219.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.01× → 13.85×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 863.6k NOK to 826.8k NOK (-4.3% YoY). Calculated
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↓
Equity eroded
Book equity 793.4k NOK → 35.2k NOK (equity ratio 16.3% → 0.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation