Org.nr 997 392 205 2016 → 2017 Year-over-year analysis

AKATE HOLDING AS: årsregnskap 2017 vs 2016

Stronger earnings, cash halved-plus

approved 2018-08-15; registry 2018-08-20; journal 2018 915510

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AKATE HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +1 NOK → +9.31m NOK. Equity 160.4k NOK → 7.97m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: cash fell.

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

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
n/m +187.2k NOK
—
Net result
+1 NOK +9.31m NOK
+931164400.0%
Equity
160.4k NOK 7.97m NOK
+4870.4%
Cash
774.7k NOK 3 723 NOK
-99.5%
Total assets
5.19m NOK 10.49m NOK
+102.4%

What improved

  • ↑

    Net result improved

    Net result +1 NOK → +9.31m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 160.4k NOK → 7.97m NOK (equity ratio 3.1% → 76.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 774.7k NOK → 3 723 NOK (-99.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.21m NOK → 4.10m NOK. Reported fact