AKASO ELEKTRO AS: årsregnskap 2017 vs 2016
Grew 17% on revenue, cash halved-plus
approved 2018-02-14; registry 2018-02-20; journal 2018 210036
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKASO ELEKTRO AS. Revenue 36.24m NOK → 42.46m NOK (+17.2%). Equity 11.30m NOK → 11.95m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; payroll increased; book investments changed. All figures are taken from the published annual accounts for AKASO ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 36.24m NOK to 42.46m NOK (+17.2% YoY). Calculated
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↑
Equity strengthened
Book equity 11.30m NOK → 11.95m NOK (equity ratio 107.6% → 118.3%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 2.28m NOK → 846.0k NOK (-62.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.28m NOK → 846.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 19.68m NOK → 20.94m NOK (54% → 49% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 188.4k NOK → 139.4k NOK. Reported fact