AKANTI AS: årsregnskap 2017 vs 2016
Shrank 90% on revenue, cash halved-plus
approved 2018-07-13; registry 2018-07-23; journal 2018 756244
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKANTI AS. Revenue 14.12m NOK → 1.45m NOK (-89.7%). Equity 2.02m NOK → 1.83m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKANTI AS.
At a glance
Scorecard
Revenue
14.12m NOK
1.45m NOK
-89.7%
Equity
2.02m NOK
1.83m NOK
-9.2%
Cash
778.1k NOK
203.5k NOK
-73.8%
Total assets
5.40m NOK
5.28m NOK
-2.3%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 14.12m NOK to 1.45m NOK (-89.7% YoY). Calculated
-
↓
Equity eroded
Book equity 2.02m NOK → 1.83m NOK (equity ratio 37.4% → 34.7%). Calculated
-
↓
Cash fell
Bank deposits 778.1k NOK → 203.5k NOK (-73.8% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 10.49m NOK → 23.9k NOK (-99.8% YoY). Calculated