FirmaIQ
Org.nr 913 145 275 2017 → 2018 Year-over-year analysis

AK-TEK AS: årsregnskap 2018 vs 2017

Shrank 15% on revenue

approved 2019-06-26; registry 2019-07-06; journal 2019 618747

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AK-TEK AS. Revenue 3.12m NOK → 2.66m NOK (-14.8%). Equity 634.6k NOK → 106.1k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AK-TEK AS.

At a glance

Scorecard

Revenue
3.12m NOK 2.66m NOK
-14.8%
Net result
+526.8k NOK n/m
—
Equity
634.6k NOK 106.1k NOK
-83.3%
Cash
428.0k NOK 909.4k NOK
+112.5%
Total assets
37.5k NOK 1.93m NOK
+5034.3%

What improved

  • ↑

    Cash rose

    Bank deposits 428.0k NOK → 909.4k NOK (+112.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.12m NOK to 2.66m NOK (-14.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 634.6k NOK → 106.1k NOK (equity ratio 1691.5% → 5.5%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.27m NOK → 1.86m NOK (41% → 70% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 610.8k NOK → 719.2k NOK (+17.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation