Org.nr 984 011 202 2016 → 2017 Year-over-year analysis

AK MEKANISKE AS: årsregnskap 2017 vs 2016

Shrank 100% on revenue, fresh owner capital

approved 2018-06-27; registry 2018-07-03; journal 2018 600420

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AK MEKANISKE AS. Revenue 182.42m NOK → 161 NOK (-100.0%). Equity 15.10m NOK → 11.57m NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AK MEKANISKE AS.

At a glance

Revenue

182.42m NOK 161 NOK

-100.0%

Operating result

n/m +324 NOK

—

Net result

n/m +407 NOK

—

Equity

15.10m NOK 11.57m NOK

-23.3%

Cash

1.81m NOK 1.63m NOK

-10.1%

Total assets

54.89m NOK 49.20m NOK

-10.3%

↑
Owners injected capital

Paid-in equity rose 1.59m NOK → 2.33m NOK (+740.0k NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 182.42m NOK to 161 NOK (-100.0% YoY). Calculated
↓
Equity eroded

Book equity 15.10m NOK → 11.57m NOK (equity ratio 27.5% → 23.5%). Calculated
↓
Cash fell

Bank deposits 1.81m NOK → 1.63m NOK (-10.1% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.13× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
COGS fell

COGS / varekostnad 6.12bn NOK → 6.10bn NOK (-0.2% YoY). Calculated
·
Book investments changed

Investment / intangible book value 6.32m NOK → 9.60m NOK. Reported fact