Org.nr 917 625 093 2017 → 2018 Year-over-year analysis

ACVT HOLDING AS: årsregnskap 2018 vs 2017

Returned to profit

approved 2019-05-31; registry 2019-06-25; journal 2019 521438

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ACVT HOLDING AS. Net result -3 647 NOK → +4 296 NOK. Equity 19.9k NOK → 15.6k NOK.

On the constructive side: turned profitable. Pressures included: operating result weakened; equity eroded; cash fell.

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

Scorecard

Operating result
-3 658 NOK -4 305 NOK
-17.7%
Net result
-3 647 NOK +4 296 NOK
+217.8%
Equity
19.9k NOK 15.6k NOK
-21.5%
Cash
19.9k NOK 15.6k NOK
-21.5%
Total assets
209.9k NOK 205.6k NOK
-2.0%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 3 647 NOK to a profit of 4 296 NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -3 658 NOK → -4 305 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 19.9k NOK → 15.6k NOK (equity ratio 9.5% → 7.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 19.9k NOK → 15.6k NOK (-21.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation