Org.nr 935 421 551 2017 → 2018 Year-over-year analysis

AKART AS: årsregnskap 2018 vs 2017

Grew 249% on revenue

approved 2019-05-27; registry 2019-06-18; journal 2019 459819

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AKART AS. Revenue 113.1k NOK → 394.5k NOK (+248.8%). Equity 351.6k NOK → 31.8k NOK.

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

Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for AKART AS.

Scorecard

Revenue
113.1k NOK 394.5k NOK
+248.8%
Net result
n/m +280.2k NOK
—
Equity
351.6k NOK 31.8k NOK
-91.0%
Cash
232.4k NOK 350.5k NOK
+50.8%
Total assets
395.3k NOK 505.7k NOK
+27.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 113.1k NOK to 394.5k NOK (+248.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 232.4k NOK → 350.5k NOK (+50.8% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 351.6k NOK → 31.8k NOK (equity ratio 88.9% → 6.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation