AK-LIFTING AS: årsregnskap 2018 vs 2017
Grew 58% on revenue
approved 2019-03-20; registry 2019-05-29; journal 2019 366756
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AK-LIFTING AS. Revenue 3.72m NOK → 5.89m NOK (+58.3%). Equity -528.1k NOK → -464.7k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AK-LIFTING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.72m NOK to 5.89m NOK (+58.3% YoY). Calculated
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↑
Equity strengthened
Book equity -528.1k NOK → -464.7k NOK (equity ratio -63.0% → -106.8%). Calculated
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↑
Cash rose
Bank deposits 134.2k NOK → 145.6k NOK (+8.5% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.08× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -106.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 981.1k NOK → 47.3k NOK (-95.2% YoY). Calculated