Org.nr 990 687 544 2017 → 2018 Year-over-year analysis

AKANTI AS: årsregnskap 2018 vs 2017

Grew 383% on revenue

approved 2019-06-20; registry 2019-07-01; journal 2019 564814

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AKANTI AS. Revenue 1.45m NOK → 7.02m NOK (+382.9%). Equity 1.83m NOK → -8 418 NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AKANTI AS.

Scorecard

Revenue
1.45m NOK 7.02m NOK
+382.9%
Equity
1.83m NOK -8 418 NOK
-100.5%
Cash
203.5k NOK 922.4k NOK
+353.2%
Total assets
5.28m NOK 5.34m NOK
+1.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.45m NOK to 7.02m NOK (+382.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 203.5k NOK → 922.4k NOK (+353.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.83m NOK → -8 418 NOK (equity ratio 34.7% → -0.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 23.9k NOK → 5.59m NOK (+23298.1% YoY). Calculated