Org.nr 990 542 961 2016 → 2017 Year-over-year analysis

ACUFRIEND AS: årsregnskap 2017 vs 2016

Shrank 93% on revenue

approved 2018-02-28; registry 2018-07-09; journal 2018 653620

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACUFRIEND AS. Revenue 35.1k NOK → 2 330 NOK (-93.4%). Equity -352.3k NOK → -405.1k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded.

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

At a glance

Revenue

35.1k NOK 2 330 NOK

-93.4%

Operating result

-63.5k NOK -53.1k NOK

+16.4%

Net result

n/m +63.0k NOK

—

Equity

-352.3k NOK -405.1k NOK

-15.0%

Cash

1 516 NOK 2 278 NOK

+50.3%

Total assets

334.7k NOK 299.0k NOK

-10.7%

↑
Operating result improved

Operating result -63.5k NOK → -53.1k NOK (op. margin -181.0% → -2279.3%). Calculated

↓
Revenue fell

Operating income / revenue moved from 35.1k NOK to 2 330 NOK (-93.4% YoY). Calculated
↓
Equity eroded

Book equity -352.3k NOK → -405.1k NOK (equity ratio -105.3% → -135.5%). Calculated

·
Thin equity buffer

Equity ratio is -135.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation