ACVT HOLDING AS: årsregnskap 2019 vs 2018
Slipped into loss
approved 2020-08-24; registry 2020-08-31; journal 2020 715417
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACVT HOLDING AS. Net result +4 296 NOK → -3 865 NOK. Equity 15.6k NOK → 11.8k NOK.
On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACVT HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -4 305 NOK → -3 872 NOK. Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 4 296 NOK profit to a loss of 3 865 NOK. Calculated
-
↓
Equity eroded
Book equity 15.6k NOK → 11.8k NOK (equity ratio 7.6% → 5.8%). Calculated
-
↓
Cash fell
Bank deposits 15.6k NOK → 11.8k NOK (-24.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation