AKARI GRUPPEN AS: årsregnskap 2017 vs 2016
Grew 788% on revenue, cash halved-plus
approved 2018-04-26; registry 2018-05-26; journal 2018 349395
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKARI GRUPPEN AS. Revenue 705.0k NOK → 6.26m NOK (+787.9%). Equity 10.14m NOK → 494.6k NOK.
On the constructive side: revenue rose; operating result improved; current ratio back above 1×. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AKARI GRUPPEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 705.0k NOK to 6.26m NOK (+787.9% YoY). Calculated
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↑
Operating result improved
Operating result +57.7k NOK → +483.0k NOK (op. margin 8.2% → 7.7%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.93× → 1.92×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 10.14m NOK → 494.6k NOK (equity ratio 44971.9% → 26.7%). Calculated
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↓
Cash fell
Bank deposits 437.8k NOK → 1 199 NOK (-99.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 NOK → 4.10m NOK (0% → 65% of revenue). Calculated