Org.nr 948 468 255 2016 → 2017 Year-over-year analysis

AKEB AS: årsregnskap 2017 vs 2016

Grew 46% on revenue, cash halved-plus

approved 2018-06-18; registry 2018-07-28; journal 2018 816872

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AKEB AS. Revenue 273.8k NOK → 399.0k NOK (+45.7%). Equity 5.33m NOK → 5.20m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AKEB AS.

Scorecard

Revenue
273.8k NOK 399.0k NOK
+45.7%
Equity
5.33m NOK 5.20m NOK
-2.4%
Cash
5.20m NOK 2.54m NOK
-51.1%
Total assets
5.42m NOK 5.42m NOK
+0.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 273.8k NOK to 399.0k NOK (+45.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 5.33m NOK → 5.20m NOK (equity ratio 98.3% → 95.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.20m NOK → 2.54m NOK (-51.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 58.27× → 0.36× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 106.6k NOK → 120.2k NOK (+12.7% YoY). Calculated