AKASA & PARTNER AS: årsregnskap 2017 vs 2016
Grew 305% on revenue, slipped into loss, cash halved-plus
approved 2018-06-30; registry 2018-07-12; journal 2018 697748
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKASA & PARTNER AS. Revenue 467.1k NOK → 1.89m NOK (+304.5%). Net result +26.1k NOK → -127.1k NOK. Equity 22.4k NOK → -104.7k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for AKASA & PARTNER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 467.1k NOK to 1.89m NOK (+304.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +56.5k NOK → -151.6k NOK (op. margin 12.1% → -8.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 26.1k NOK profit to a loss of 127.1k NOK. Calculated
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↓
Equity eroded
Book equity 22.4k NOK → -104.7k NOK (equity ratio 7.0% → -35.9%). Calculated
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↓
Cash fell
Bank deposits 80.1k NOK → 17.9k NOK (-77.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -35.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 32.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 377.1k NOK → 3.41m NOK (81% → 180% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 369.8k NOK → 998.9k NOK (+170.1% YoY). Calculated