AKEO AS: årsregnskap 2017 vs 2016
Grew 120% on revenue, stronger earnings
approved 2018-06-27; registry 2018-07-10; journal 2018 663070
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKEO AS. Revenue 4.97m NOK → 10.96m NOK (+120.3%). Net result +12.8k NOK → +1.88m NOK. Equity 787.2k NOK → 16 NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKEO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.97m NOK to 10.96m NOK (+120.3% YoY). Calculated
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↑
Net result improved
Net result +12.8k NOK → +1.88m NOK (net margin 0.3% → 17.1%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 787.2k NOK → 16 NOK (equity ratio 53.9% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 308.6k NOK → 235.5k NOK (-23.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 1.76m NOK → 3.24m NOK (+84.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 91.9k NOK → 15 NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 4 → 5. Reported fact