Org.nr 811 563 382 2017 → 2018 Year-over-year analysis

AKA TELECOM AS: årsregnskap 2018 vs 2017

Weaker earnings

approved 2019-05-31; registry 2019-08-01; journal 2019 885590

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AKA TELECOM AS. Revenue 884.3k NOK → 902.9k NOK (+2.1%). Net result -2 749 NOK → -49.5k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AKA TELECOM AS.

At a glance

Revenue

884.3k NOK 902.9k NOK

+2.1%

Operating result

-2 800 NOK -49.6k NOK

-1669.9%

Net result

-2 749 NOK -49.5k NOK

-1700.3%

Equity

69.4k NOK n/m

—

Cash

104.7k NOK 82.5k NOK

-21.3%

Total assets

225.8k NOK 199.2k NOK

-11.8%

↑
Revenue rose

Operating income / revenue moved from 884.3k NOK to 902.9k NOK (+2.1% YoY). Calculated
↑
Payroll decreased

Salary cost 5902.51bn NOK → 4 NOK (667512594% → 0% of revenue). Calculated

↓
Operating result weakened

Operating result -2 800 NOK → -49.6k NOK (op. margin -0.3% → -5.5%). Calculated
↓
Net result weakened

Net result -2 749 NOK → -49.5k NOK (net margin -0.3% → -5.5%). Calculated
↓
Cash fell

Bank deposits 104.7k NOK → 82.5k NOK (-21.3% YoY). Calculated