AKER BYGGSYSTEM AS: årsregnskap 2018 vs 2017
Grew 260% on revenue, cash halved-plus
approved 2019-05-30; registry 2019-06-24; journal 2019 508702
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKER BYGGSYSTEM AS. Revenue 98.8k NOK → 355.8k NOK (+260.2%). Equity 11.15m NOK → -67.2k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AKER BYGGSYSTEM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 98.8k NOK to 355.8k NOK (+260.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 11.15m NOK → -67.2k NOK (equity ratio 5483.6% → -56.6%). Calculated
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↓
Cash fell
Bank deposits 125.4k NOK → 43.4k NOK (-65.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.60× → 0.31× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -56.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 1 NOK → 1.37m NOK (0% → 386% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 4 625 NOK → 185.9k NOK (+3919.8% YoY). Calculated