AKE AS: årsregnskap 2017 vs 2016
Shrank 32% on revenue, weaker earnings, cash halved-plus
approved 2018-06-05; registry 2018-07-21; journal 2018 745821
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKE AS. Revenue 338.2k NOK → 230.1k NOK (-32.0%). Net result +142.0k NOK → +25.3k NOK. Equity 279.1k NOK → 304.3k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 279.1k NOK → 304.3k NOK (equity ratio 100.0% → 71.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 338.2k NOK to 230.1k NOK (-32.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +142.0k NOK → +29.9k NOK (op. margin 42.0% → 13.0%). Calculated
-
↓
Net result weakened
Net result +142.0k NOK → +25.3k NOK (net margin 42.0% → 11.0%). Calculated
-
↓
Cash fell
Bank deposits 165.9k NOK → 82.9k NOK (-50.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 171.7k NOK → 156.1k NOK (-9.1% YoY). Calculated