AK CONSTRUCTION AS: årsregnskap 2017 vs 2016
Grew 157% on revenue, fresh owner capital
approved 2018-07-16; registry 2018-08-11; journal 2018 904555
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AK CONSTRUCTION AS. Revenue 128.8k NOK → 331.0k NOK (+156.9%). Equity 450.6k NOK → 579.0k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AK CONSTRUCTION AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 128.8k NOK to 331.0k NOK (+156.9% YoY). Calculated
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↑
Equity strengthened
Book equity 450.6k NOK → 579.0k NOK (equity ratio 60.1% → 1767.8%). Calculated
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↑
Cash rose
Bank deposits 39.5k NOK → 3.11m NOK (+7767.7% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 18.0k NOK → 30.2k NOK (+12.2k NOK). Reported fact
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 2.52× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 180.5k NOK → 150.8k NOK (-16.4% YoY). Calculated