AEKO GRUPPEN AS: årsregnskap 2017 vs 2016
Grew 476823% on revenue, stronger earnings
approved 2018-05-25; registry 2018-06-13; journal 2018 465934
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AEKO GRUPPEN AS. Revenue 12.8k NOK → 61.05m NOK (+476823.5%). Net result +1.60m NOK → +6.07m NOK. Equity 8.98m NOK → 8.55m NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AEKO GRUPPEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 12.8k NOK to 61.05m NOK (+476823.5% YoY). Calculated
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↑
Net result improved
Net result +1.60m NOK → +6.07m NOK (net margin 12496.0% → 9.9%). Calculated
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↑
Cash rose
Bank deposits 221.5k NOK → 239.2k NOK (+8.0% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 8.98m NOK → 8.55m NOK (equity ratio 90.0% → 95.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.72× → 0.53× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 11.0k NOK → 50.91m NOK (+461527.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 8.25m NOK → 8.75m NOK. Reported fact