FirmaIQ
Org.nr 990 542 961 2017 → 2018 Year-over-year analysis

ACUFRIEND AS: årsregnskap 2018 vs 2017

Grew 107% on revenue, weaker earnings

approved 2019-03-25; registry 2019-08-07; journal 2019 892230

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ACUFRIEND AS. Revenue 2 330 NOK → 4 814 NOK (+106.6%). Net result +63.0k NOK → +2 374 NOK. Equity -405.1k NOK → -457.5k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.

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

At a glance

Scorecard

Revenue
2 330 NOK 4 814 NOK
+106.6%
Operating result
-53.1k NOK -52.8k NOK
+0.6%
Net result
+63.0k NOK +2 374 NOK
-96.2%
Equity
-405.1k NOK -457.5k NOK
-12.9%
Cash
2 278 NOK 5 970 NOK
+162.1%
Total assets
299.0k NOK 289.0k NOK
-3.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 330 NOK to 4 814 NOK (+106.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -53.1k NOK → -52.8k NOK (op. margin -2279.3% → -1097.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 278 NOK → 5 970 NOK (+162.1% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +63.0k NOK → +2 374 NOK (net margin 2702.6% → 49.3%). Calculated

  • ↓

    Equity eroded

    Book equity -405.1k NOK → -457.5k NOK (equity ratio -135.5% → -158.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -158.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation