FirmaIQ
Org.nr 984 011 202 2017 → 2018 Year-over-year analysis

AK MEKANISKE AS: årsregnskap 2018 vs 2017

Grew 103024907% on revenue

approved 2019-03-14; registry 2019-03-18; journal 2019 240280

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AK MEKANISKE AS. Revenue 161 NOK → 165.87m NOK (+103024906.8%). Net result +407 NOK → +3 917 NOK. Equity 11.57m NOK → 15.49m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: 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

Scorecard

Revenue
161 NOK 165.87m NOK
+103024906.8%
Operating result
+324 NOK +5 268 NOK
+1525.9%
Net result
+407 NOK +3 917 NOK
+862.4%
Equity
11.57m NOK 15.49m NOK
+33.8%
Cash
1.63m NOK 1.56m NOK
-4.2%
Total assets
49.20m NOK 46.30m NOK
-5.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 161 NOK to 165.87m NOK (+103024906.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +324 NOK → +5 268 NOK (op. margin 201.2% → 0.0%). Calculated

  • ↑

    Net result improved

    Net result +407 NOK → +3 917 NOK (net margin 252.8% → 0.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 11.57m NOK → 15.49m NOK (equity ratio 23.5% → 33.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.92× → 1.20×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.63m NOK → 1.56m NOK (-4.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 6.10bn NOK → 97.84m NOK (-98.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 9.60m NOK → 18.2k NOK. Reported fact