AK NORGE WIC AS: årsregnskap 2018 vs 2017
Shrank 18% on revenue
approved 2019-06-13; registry 2019-07-24; journal 2019 774103
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AK NORGE WIC AS. Revenue 33.39m NOK → 27.50m NOK (-17.6%). Equity 35.46m NOK → 33.14m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AK NORGE WIC AS.
At a glance
Scorecard
Revenue
33.39m NOK
27.50m NOK
-17.6%
Equity
35.46m NOK
33.14m NOK
-6.6%
Cash
871.2k NOK
733.4k NOK
-15.8%
Total assets
40.53m NOK
39.59m NOK
-2.3%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 33.39m NOK to 27.50m NOK (-17.6% YoY). Calculated
-
↓
Equity eroded
Book equity 35.46m NOK → 33.14m NOK (equity ratio 87.5% → 83.7%). Calculated
-
↓
Cash fell
Bank deposits 871.2k NOK → 733.4k NOK (-15.8% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 9.37m NOK → 7.00m NOK (-25.3% YoY). Calculated