FirmaIQ
Org.nr 987 840 846 2017 → 2018 Year-over-year analysis

ACS FINANS AS: årsregnskap 2018 vs 2017

Cash halved-plus, fresh owner capital

approved 2019-06-24; registry 2019-07-04; journal 2019 606424

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ACS FINANS AS. Revenue 6.96m NOK → 6.64m NOK (-4.5%). Equity 188.9k NOK → 135.3k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACS FINANS AS.

At a glance

Scorecard

Revenue
6.96m NOK 6.64m NOK
-4.5%
Equity
188.9k NOK 135.3k NOK
-28.4%
Cash
481.7k NOK 52.3k NOK
-89.1%
Total assets
1.48m NOK 1.64m NOK
+10.6%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 100.0k NOK → 300.1k NOK (+200.1k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.96m NOK to 6.64m NOK (-4.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 188.9k NOK → 135.3k NOK (equity ratio 12.8% → 8.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 481.7k NOK → 52.3k NOK (-89.1% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 16.1k NOK → 22.3k NOK (+38.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation