FirmaIQ
Org.nr 915 860 370 2017 → 2018 Year-over-year analysis

AKARI GRUPPEN AS: årsregnskap 2018 vs 2017

Grew 10% on revenue, stronger earnings, fresh owner capital

approved 2019-05-28; registry 2019-06-29; journal 2019 555684

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AKARI GRUPPEN AS. Revenue 6.26m NOK → 6.89m NOK (+10.0%). Net result +358.9k NOK → +573.3k NOK. Equity 494.6k NOK → 913.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKARI GRUPPEN AS.

At a glance

Scorecard

Revenue
6.26m NOK 6.89m NOK
+10.0%
Operating result
+483.0k NOK +748.9k NOK
+55.0%
Net result
+358.9k NOK +573.3k NOK
+59.7%
Equity
494.6k NOK 913.9k NOK
+84.8%
Cash
1 199 NOK 957.9k NOK
+79789.6%
Total assets
1.85m NOK 2.15m NOK
+16.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.26m NOK to 6.89m NOK (+10.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +483.0k NOK → +748.9k NOK (op. margin 7.7% → 10.9%). Calculated

  • ↑

    Net result improved

    Net result +358.9k NOK → +573.3k NOK (net margin 5.7% → 8.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 494.6k NOK → 913.9k NOK (equity ratio 26.7% → 42.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 199 NOK → 957.9k NOK (+79789.6% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.92× → 0.78× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 515.4k NOK → 420.5k NOK (-18.4% YoY). Calculated