AKE AS: årsregnskap 2018 vs 2017
Shrank 98% on revenue, slipped into loss
approved 2019-06-30; registry 2019-07-24; journal 2019 780716
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKE AS. Revenue 230.1k NOK → 4 836 NOK (-97.9%). Net result +25.3k NOK → -34.7k NOK. Equity 304.3k NOK → 269.7k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKE AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 82.9k NOK → 116.5k NOK (+40.5% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 230.1k NOK to 4 836 NOK (-97.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +29.9k NOK → -34.7k NOK (op. margin 13.0% → -717.8%). Calculated
-
↓
Fell into a net loss
Net result flipped from 25.3k NOK profit to a loss of 34.7k NOK. Calculated
-
↓
Equity eroded
Book equity 304.3k NOK → 269.7k NOK (equity ratio 71.8% → 100.0%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 156.1k NOK → 1 935 NOK (-98.8% YoY). Calculated