AKER PROPERTY GROUP AS: årsregnskap 2019 vs 2018
Grew 227676% on revenue, fresh owner capital
approved 2020-06-18; registry 2020-07-16; journal 2020 583808
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKER PROPERTY GROUP AS. Revenue 13.9k NOK → 31.64m NOK (+227675.6%). Equity 601.44m NOK → 621.79m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AKER PROPERTY GROUP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 13.9k NOK to 31.64m NOK (+227675.6% YoY). Calculated
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↑
Equity strengthened
Book equity 601.44m NOK → 621.79m NOK (equity ratio 87.3% → 79.7%). Calculated
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↑
Cash rose
Bank deposits 53.7k NOK → 4.74m NOK (+8730.1% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 395.7k NOK → 395.74m NOK (+395.34m NOK). Reported fact
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1369.97× → 0.49× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 11.2k NOK → 20.62m NOK (+184108.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 567 NOK → 699.99m NOK. Reported fact