AK-LIFTING AS: årsregnskap 2017 vs 2016
Shrank 11% on revenue
approved 2018-06-19; registry 2018-07-19; journal 2018 726069
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AK-LIFTING AS. Revenue 4.16m NOK → 3.72m NOK (-10.6%). Equity -398.2k NOK → -528.1k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; cogs moved.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AK-LIFTING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 97.2k NOK → 134.2k NOK (+38.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.16m NOK to 3.72m NOK (-10.6% YoY). Calculated
-
↓
Equity eroded
Book equity -398.2k NOK → -528.1k NOK (equity ratio -54.7% → -63.0%). Calculated
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↓
COGS moved
COGS / varekostnad 905.4k NOK → 981.1k NOK (+8.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -63.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation