Org.nr 948 468 255 2017 → 2018 Year-over-year analysis

AKEB AS: årsregnskap 2018 vs 2017

Shrank 29% on revenue

approved 2019-06-30; registry 2019-08-06; journal 2019 877526

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AKEB AS. Revenue 399.0k NOK → 284.0k NOK (-28.8%). Equity 5.20m NOK → 5.05m NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Revenue

399.0k NOK 284.0k NOK

-28.8%

Equity

5.20m NOK 5.05m NOK

-2.8%

Cash

2.54m NOK 2.25m NOK

-11.6%

Total assets

5.42m NOK 5.20m NOK

-4.1%

↓
Revenue fell

Operating income / revenue moved from 399.0k NOK to 284.0k NOK (-28.8% YoY). Calculated
↓
Equity eroded

Book equity 5.20m NOK → 5.05m NOK (equity ratio 95.9% → 97.1%). Calculated
↓
Cash fell

Bank deposits 2.54m NOK → 2.25m NOK (-11.6% YoY). Calculated