Org.nr 997 635 280 2018 → 2019 Year-over-year analysis

AKAM INVEST AS: årsregnskap 2019 vs 2018

Slipped into loss, cash halved-plus

approved 2020-09-24; registry 2020-10-07; journal 2020 918156

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKAM INVEST AS. Net result +13.21m NOK → -1.05m NOK.

Pressures included: fell into a net loss; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AKAM INVEST AS.

At a glance

Revenue

0 NOK n/m

—

Operating result

n/m -301.0k NOK

—

Net result

+13.21m NOK -1.05m NOK

-108.0%

Equity

22.87m NOK n/m

—

Cash

1.74m NOK 115.5k NOK

-93.4%

Total assets

23.23m NOK 22.17m NOK

-4.6%

↓
Fell into a net loss

Net result flipped from 13.21m NOK profit to a loss of 1.05m NOK. Calculated
↓
Cash fell

Bank deposits 1.74m NOK → 115.5k NOK (-93.4% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (1.74m NOK → 115.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 12.01m NOK → 14.46m NOK. Reported fact