ACS FINANS AS: årsregnskap 2019 vs 2018
Grew 15% on revenue
approved 2020-08-20; registry 2020-08-27; journal 2020 704605
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACS FINANS AS. Revenue 6.64m NOK → 7.62m NOK (+14.8%). Equity 135.3k NOK → 124.5k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACS FINANS AS.
At a glance
Scorecard
Revenue
6.64m NOK
7.62m NOK
+14.8%
Operating result
n/m
+31.7k NOK
—
Net result
n/m
-10.8k NOK
—
Equity
135.3k NOK
124.5k NOK
-8.0%
Cash
52.3k NOK
87.8k NOK
+67.8%
Total assets
1.64m NOK
1.96m NOK
+19.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 6.64m NOK to 7.62m NOK (+14.8% YoY). Calculated
-
↑
Cash rose
Bank deposits 52.3k NOK → 87.8k NOK (+67.8% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 135.3k NOK → 124.5k NOK (equity ratio 8.3% → 6.4%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 6.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation