Org.nr 913 646 940 2018 → 2019 Year-over-year analysis

AKB HOLDING AS: årsregnskap 2019 vs 2018

Slipped into loss, cash halved-plus

approved 2020-06-23; registry 2020-09-12; journal 2020 802839

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AKB HOLDING AS. Net result +4 NOK → -4 550 NOK. Equity 7 941 NOK → 3 391 NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
1 NOK n/m
—
Operating result
-3 969 NOK -4 553 NOK
-14.7%
Net result
+4 NOK -4 550 NOK
-113850.0%
Equity
7 941 NOK 3 391 NOK
-57.3%
Cash
7 940 NOK 2 610 NOK
-67.1%
Total assets
7 941 NOK 3 391 NOK
-57.3%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -3 969 NOK → -4 553 NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 4 NOK profit to a loss of 4 550 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 7 941 NOK → 3 391 NOK (equity ratio 100.0% → 100.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 7 940 NOK → 2 610 NOK (-67.1% YoY). Calculated