ACRITO AS: årsregnskap 2018 vs 2017
Grew 762% on revenue
approved 2019-03-05; registry 2019-03-07; journal 2019 227617
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACRITO AS. Revenue 29.0k NOK → 250.0k NOK (+762.0%). Net result +5 541 NOK → +7 411 NOK. Equity 17.0k NOK → 9 602 NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ACRITO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 29.0k NOK to 250.0k NOK (+762.0% YoY). Calculated
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↑
Operating result improved
Operating result +5 578 NOK → +7 545 NOK (op. margin 19.2% → 3.0%). Calculated
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↑
Net result improved
Net result +5 541 NOK → +7 411 NOK (net margin 19.1% → 3.0%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 17.0k NOK → 9 602 NOK (equity ratio 3.8% → 3.3%). Calculated
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↓
Cash fell
Bank deposits 105.0k NOK → 69.7k NOK (-33.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 16.6k NOK → 23.4k NOK (+40.8% YoY). Calculated