Org.nr 998 020 964 2017 → 2018 Year-over-year analysis

AK NORGE WIC AS: årsregnskap 2018 vs 2017

Shrank 18% on revenue

approved 2019-06-13; registry 2019-07-24; journal 2019 774103

Full company analysis · All year comparisons

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.

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