Org.nr 994 428 152 2017 → 2018 Year-over-year analysis

AKEO AS: årsregnskap 2018 vs 2017

Grew 21% on revenue, weaker earnings

approved 2019-06-28; registry 2019-07-09; journal 2019 635979

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AKEO AS. Revenue 10.96m NOK → 13.22m NOK (+20.7%). Net result +1.88m NOK → +632.3k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AKEO AS.

At a glance

Revenue

10.96m NOK 13.22m NOK

+20.7%

Operating result

+1.19m NOK +989.3k NOK

-16.6%

Net result

+1.88m NOK +632.3k NOK

-66.3%

Equity

16 NOK n/m

—

Cash

235.5k NOK 1.40m NOK

+493.3%

Total assets

7.90m NOK 8.40m NOK

+6.4%

↑
Revenue rose

Operating income / revenue moved from 10.96m NOK to 13.22m NOK (+20.7% YoY). Calculated
↑
Cash rose

Bank deposits 235.5k NOK → 1.40m NOK (+493.3% YoY). Calculated

↓
Operating result weakened

Operating result +1.19m NOK → +989.3k NOK (op. margin 10.8% → 7.5%). Calculated
↓
Net result weakened

Net result +1.88m NOK → +632.3k NOK (net margin 17.1% → 4.8%). Calculated

·
COGS moved

COGS / varekostnad 3.24m NOK → 3.80m NOK (+17.3% YoY). Calculated
·
Book investments changed

Investment / intangible book value 15 NOK → 91.9k NOK. Reported fact