ACS PROPERTY 1 AS: årsregnskap 2018 vs 2017
Grew 28% on revenue, cash halved-plus
approved 2019-06-28; registry 2019-07-06; journal 2019 634377
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACS PROPERTY 1 AS. Revenue 251.5k NOK → 321.5k NOK (+27.8%). Equity -15.9k NOK → -163.3k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACS PROPERTY 1 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 251.5k NOK to 321.5k NOK (+27.8% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -15.9k NOK → -163.3k NOK (equity ratio -12.6% → -2510.6%). Calculated
-
↓
Cash fell
Bank deposits 69.3k NOK → 6 506 NOK (-90.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2510.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 84.1k NOK → 51.4k NOK (-38.9% YoY). Calculated