ACS HOLDING AS: årsregnskap 2019 vs 2018
Shrank 59% on revenue, cash halved-plus
approved 2020-08-30; registry 2020-10-03; journal 2020 900651
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACS HOLDING AS. Revenue 312.9k NOK → 128.0k NOK (-59.1%). Equity 7.14m NOK → 183.0k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
312.9k NOK
128.0k NOK
-59.1%
Operating result
n/m
+29.0k NOK
—
Net result
n/m
+39.0k NOK
—
Equity
7.14m NOK
183.0k NOK
-97.4%
Cash
51.3k NOK
1 357 NOK
-97.4%
Total assets
445.8k NOK
464.6k NOK
+4.2%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 312.9k NOK to 128.0k NOK (-59.1% YoY). Calculated
-
↓
Equity eroded
Book equity 7.14m NOK → 183.0k NOK (equity ratio 1602.4% → 39.4%). Calculated
-
↓
Cash fell
Bank deposits 51.3k NOK → 1 357 NOK (-97.4% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 32.4k NOK → 99.0k NOK (10% → 77% of revenue). Calculated