Org.nr 914 340 632 2017 → 2018 Year-over-year analysis

AKB AS: årsregnskap 2018 vs 2017

Slipped into loss, cash halved-plus

approved 2019-03-26; registry 2019-07-23; journal 2019 766537

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AKB AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +23.25m NOK → -12.71m NOK. Equity 8.30bn NOK → 8.29bn NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-46.0k NOK -46.9k NOK
-2.0%
Net result
+23.25m NOK -12.71m NOK
-154.6%
Equity
8.30bn NOK 8.29bn NOK
-0.2%
Cash
21.4k NOK 4 967 NOK
-76.8%
Total assets
306.23m NOK 286.21m NOK
-6.5%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -46.0k NOK → -46.9k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 23.25m NOK profit to a loss of 12.71m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 8.30bn NOK → 8.29bn NOK (equity ratio 2710.0% → 2894.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 21.4k NOK → 4 967 NOK (-76.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 20.12m NOK → 25.61m NOK. Reported fact