AK CAPITAL AS: årsregnskap 2018 vs 2017
Grew 2340% on revenue, returned to profit
approved 2019-05-22; registry 2019-06-15; journal 2019 428054
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AK CAPITAL AS. Revenue 26.4k NOK → 643.0k NOK (+2340.3%). Net result -394 NOK → +432.6k NOK. Equity 24.0k NOK → 12.46m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AK CAPITAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 26.4k NOK to 643.0k NOK (+2340.3% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 394 NOK to a profit of 432.6k NOK. Calculated
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↑
Equity strengthened
Book equity 24.0k NOK → 12.46m NOK (equity ratio 5.5% → 1628.7%). Calculated
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↑
Cash rose
Bank deposits 2 495 NOK → 241.3k NOK (+9570.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.40× → 1.90×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +3 601 NOK → 0 NOK (op. margin 13.7% → 0.0%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 429.8k NOK → 11.48m NOK. Reported fact