AKASA & PARTNER AS: årsregnskap 2019 vs 2018
Grew 13% on revenue
approved 2020-09-10; registry 2020-09-30; journal 2020 880176
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKASA & PARTNER AS. Revenue 1.42m NOK → 1.61m NOK (+13.4%). Equity 247.4k NOK → -4 251 NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. 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 1.42m NOK to 1.61m NOK (+13.4% YoY). Calculated
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↑
Cash rose
Bank deposits 59.0k NOK → 146.4k NOK (+148.3% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 247.4k NOK → -4 251 NOK (equity ratio 57.3% → -0.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.33× → 0.86× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 3 NOK → 820.9k NOK (0% → 51% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 544.9k NOK → 636.7k NOK (+16.8% YoY). Calculated