Org.nr 912 450 716 2015 → 2016 Year-over-year analysis

AKASIA HOLDING AS: årsregnskap 2016 vs 2015

Shrank 100% on revenue

approved 2017-06-20; registry 2017-07-29; journal 2017 778828

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AKASIA HOLDING AS. Revenue 12.80m NOK → 10 NOK (-100.0%). Equity 82.28m NOK → 84.24m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKASIA HOLDING AS.

Scorecard

Revenue
12.80m NOK 10 NOK
-100.0%
Equity
82.28m NOK 84.24m NOK
+2.4%
Cash
1.53m NOK 3.82m NOK
+149.2%
Total assets
546.15m NOK 532.66m NOK
-2.5%

What improved

  • ↑

    Equity strengthened

    Book equity 82.28m NOK → 84.24m NOK (equity ratio 15.1% → 15.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.53m NOK → 3.82m NOK (+149.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.80m NOK to 10 NOK (-100.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.71m NOK → 1.19bn NOK (13% → 11852273560% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.54m NOK → 165.4k NOK (-95.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 531.28m NOK → 30.0k NOK. Reported fact