AKASA & PARTNER AS: årsregnskap 2018 vs 2017
Shrank 25% on revenue
approved 2019-08-21; registry 2019-08-24; journal 2019 928792
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKASA & PARTNER AS. Revenue 1.89m NOK → 1.42m NOK (-25.0%). Equity -104.7k NOK → 247.4k NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKASA & PARTNER AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity -104.7k NOK → 247.4k NOK (equity ratio -35.9% → 57.3%). Calculated
-
↑
Cash rose
Bank deposits 17.9k NOK → 59.0k NOK (+229.7% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.49× → 2.33×. Calculated
-
↑
Payroll decreased
Salary cost 3.41m NOK → 3 NOK (180% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.89m NOK to 1.42m NOK (-25.0% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 998.9k NOK → 544.9k NOK (-45.4% YoY). Calculated