AK CAPITAL AS: årsregnskap 2019 vs 2018
Shrank 95% on revenue, weaker earnings, cash halved-plus
approved 2020-04-27; registry 2020-05-04; journal 2020 326218
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AK CAPITAL AS. Revenue 643.0k NOK → 29.9k NOK (-95.4%). Net result +432.6k NOK → +35.8k NOK. Equity 12.46m NOK → 12.61m NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
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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↑
Operating result improved
Operating result 0 NOK → +444 NOK (op. margin 0.0% → 1.5%). Calculated
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↑
Equity strengthened
Book equity 12.46m NOK → 12.61m NOK (equity ratio 1628.7% → 1704.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 643.0k NOK to 29.9k NOK (-95.4% YoY). Calculated
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↓
Net result weakened
Net result +432.6k NOK → +35.8k NOK (net margin 67.3% → 119.9%). Calculated
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↓
Cash fell
Bank deposits 241.3k NOK → 12.4k NOK (-94.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.90× → -0.13× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 11.48m NOK → 11.69m NOK. Reported fact