ACUIT AS: årsregnskap 2017 vs 2016
Grew 218% on revenue, stronger earnings, cash halved-plus
approved 2018-05-23; registry 2018-06-05; journal 2018 410758
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACUIT AS. Revenue 131.4k NOK → 417.4k NOK (+217.7%). Net result +92.3k NOK → +269.2k NOK. Equity 888.3k NOK → 917.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for ACUIT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 131.4k NOK to 417.4k NOK (+217.7% YoY). Calculated
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Operating result improved
Operating result +95.2k NOK → +294.6k NOK (op. margin 72.5% → 70.6%). Calculated
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Net result improved
Net result +92.3k NOK → +269.2k NOK (net margin 70.3% → 64.5%). Calculated
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Equity strengthened
Book equity 888.3k NOK → 917.4k NOK (equity ratio 97.3% → 1080.5%). Calculated
What deteriorated
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Cash fell
Bank deposits 6.76m NOK → 373.6k NOK (-94.5% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 37.09× → 0.48× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (6.76m NOK → 373.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 3 197 NOK → 35.2k NOK (2% → 8% of revenue). Calculated