AK-INVEST AS: årsregnskap 2018 vs 2017
Stronger earnings, cash halved-plus
approved 2019-06-30; registry 2019-07-25; journal 2019 790368
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AK-INVEST AS. Net result +80.0k NOK → +96.6k NOK. Equity 7.47m NOK → 6.57m NOK.
On the constructive side: net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: operating result unchanged; sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AK-INVEST AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +80.0k NOK → +96.6k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 7.47m NOK → 6.57m NOK (equity ratio 99.7% → 99.4%). Calculated
-
↓
Cash fell
Bank deposits 4.78m NOK → 1.74m NOK (-63.7% YoY). Calculated
Things to notice
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·
Operating result unchanged
Operating result -3 NOK → -3 NOK. Calculated
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (4.78m NOK → 1.74m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 2.64m NOK → 470.9k NOK. Reported fact