Org.nr 998 546 184 2018 → 2019 Year-over-year analysis

AKA-HOLDING AS: årsregnskap 2019 vs 2018

Shrank 100% on revenue, cash halved-plus

approved 2020-05-31; registry 2020-06-15; journal 2020 436793

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKA-HOLDING AS. Revenue 7.26m NOK → 7 257 NOK (-99.9%). Equity 1.14m NOK → 10.84m NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

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

At a glance

Revenue

7.26m NOK 7 257 NOK

-99.9%

Net result

n/m 0 NOK

—

Equity

1.14m NOK 10.84m NOK

+851.3%

Cash

1.39m NOK 1 385 NOK

-99.9%

Total assets

2.95m NOK 900.0k NOK

-69.5%

↑
Equity strengthened

Book equity 1.14m NOK → 10.84m NOK (equity ratio 38.6% → 1204.4%). Calculated
↑
Owners injected capital

Paid-in equity rose 30.0k NOK → 32.0k NOK (+2 000 NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 7.26m NOK to 7 257 NOK (-99.9% YoY). Calculated
↓
Cash fell

Bank deposits 1.39m NOK → 1 385 NOK (-99.9% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.37× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
Payroll up without matching revenue

Salary cost 1 NOK → 5 152 NOK (0% → 71% of revenue). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (1.39m NOK → 1 385 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation