AK HÅRDESIGN AS: årsregnskap 2018 vs 2017
Grew 81% on revenue
approved 2019-06-15; registry 2019-07-09; journal 2019 646527
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AK HÅRDESIGN AS. Revenue 109.0k NOK → 196.8k NOK (+80.6%). Equity 45.8k NOK → 28.6k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AK HÅRDESIGN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 109.0k NOK to 196.8k NOK (+80.6% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 45.8k NOK → 28.6k NOK (equity ratio 7.3% → 4.8%). Calculated
-
↓
Cash fell
Bank deposits 260.9k NOK → 249.1k NOK (-4.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 717.2k NOK → 781.7k NOK (658% → 397% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 75.0k NOK → 107.2k NOK (+43.0% YoY). Calculated