ACUIT AS: årsregnskap 2018 vs 2017
Shrank 98% on revenue, stronger earnings
approved 2019-05-10; registry 2019-06-12; journal 2019 409976
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACUIT AS. Revenue 417.4k NOK → 9 186 NOK (-97.8%). Net result +269.2k NOK → +473.80m NOK. Equity 917.4k NOK → 1.21m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACUIT AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +269.2k NOK → +473.80m NOK (net margin 64.5% → 5157807.4%). Calculated
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Equity strengthened
Book equity 917.4k NOK → 1.21m NOK (equity ratio 1080.5% → 71.2%). Calculated
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Cash rose
Bank deposits 373.6k NOK → 912.5k NOK (+144.3% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.48× → 3.46×. Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 417.4k NOK to 9 186 NOK (-97.8% YoY). Calculated
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Operating result weakened
Operating result +294.6k NOK → +249.8k NOK (op. margin 70.6% → 2719.9%). Calculated
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Payroll up without matching revenue
Salary cost 35.2k NOK → 1.64m NOK (8% → 17868% of revenue). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 4 990 NOK → 5 NOK. Reported fact