Org.nr 889 183 462 2018 → 2019 Year-over-year analysis

AKE HOLDING AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-02-07; registry 2020-03-07; journal 2020 231391

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKE HOLDING AS. Net result +5 350 NOK → +234.2k NOK. Equity 2.49m NOK → 2.42m NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded.

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

At a glance

Operating result

-31.8k NOK -19.0k NOK

+40.1%

Net result

+5 350 NOK +234.2k NOK

+4278.4%

Equity

2.49m NOK 2.42m NOK

-2.6%

Cash

61.0k NOK 995.2k NOK

+1531.8%

Total assets

2.79m NOK 2.72m NOK

-2.4%

↑
Operating result improved

Operating result -31.8k NOK → -19.0k NOK. Calculated
↑
Net result improved

Net result +5 350 NOK → +234.2k NOK. Calculated
↑
Cash rose

Bank deposits 61.0k NOK → 995.2k NOK (+1531.8% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.20× → 3.32×. Calculated

↓
Equity eroded

Book equity 2.49m NOK → 2.42m NOK (equity ratio 89.2% → 89.0%). Calculated

·
Book investments changed

Investment / intangible book value 2.73m NOK → 727.5k NOK. Reported fact