FirmaIQ
Org.nr 989 194 364 2016 → 2017 Year-over-year analysis

AK-EIENDOM AS: årsregnskap 2017 vs 2016

Shrank 43% on revenue, slipped into loss, cash halved-plus

approved 2018-06-25; registry 2018-09-20; journal 2018 925568

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AK-EIENDOM AS. Revenue 8.71m NOK → 4.99m NOK (-42.7%). Net result +2.43m NOK → -286.9k NOK. Equity 282.8k NOK → -4 176 NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AK-EIENDOM AS.

At a glance

Scorecard

Revenue
8.71m NOK 4.99m NOK
-42.7%
Operating result
+5.39m NOK +1.64m NOK
-69.6%
Net result
+2.43m NOK -286.9k NOK
-111.8%
Equity
282.8k NOK -4 176 NOK
-101.5%
Cash
223.3k NOK 49.9k NOK
-77.7%
Total assets
56.61m NOK 56.23m NOK
-0.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.71m NOK to 4.99m NOK (-42.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5.39m NOK → +1.64m NOK (op. margin 61.9% → 32.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 2.43m NOK profit to a loss of 286.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 282.8k NOK → -4 176 NOK (equity ratio 0.5% → -0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 223.3k NOK → 49.9k NOK (-77.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.64m NOK → 1.95m NOK. Reported fact