AKA TRANSPORT AS: årsregnskap 2017 vs 2016
Mixed movements in the accounts
approved 2018-02-16; registry 2018-04-23; journal 2018 280706
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKA TRANSPORT AS. Revenue 6.42m NOK → 6.58m NOK (+2.4%). Equity 308.9k NOK → 110.4k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for AKA TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.42m NOK to 6.58m NOK (+2.4% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 308.9k NOK → 110.4k NOK (equity ratio 11.5% → 1.8%). Calculated
-
↓
Cash fell
Bank deposits 1.20m NOK → 1.06m NOK (-11.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2.71m NOK → 3.51m NOK (42% → 53% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 797.0k NOK → 740.5k NOK (-7.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 580.2k NOK → 495.5k NOK. Reported fact