Org.nr 984 174 993 2016 → 2017 Year-over-year analysis

AKA GROUP AS: årsregnskap 2017 vs 2016

Shrank 93% on revenue, cash halved-plus

approved 2018-05-01; registry 2018-06-26; journal 2018 567532

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AKA GROUP AS. Revenue 953.0k NOK → 67.5k NOK (-92.9%).

On the constructive side: operating result improved. Pressures included: revenue fell; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AKA GROUP AS.

At a glance

Revenue

953.0k NOK 67.5k NOK

-92.9%

Operating result

-911.4k NOK +56.5k NOK

+106.2%

Cash

4.65m NOK 1.70m NOK

-63.4%

Total assets

5.56m NOK 5.61m NOK

+1.1%

↑
Operating result improved

Operating result -911.4k NOK → +56.5k NOK (op. margin -95.6% → 83.7%). Calculated

↓
Revenue fell

Operating income / revenue moved from 953.0k NOK to 67.5k NOK (-92.9% YoY). Calculated
↓
Cash fell

Bank deposits 4.65m NOK → 1.70m NOK (-63.4% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (4.65m NOK → 1.70m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation