Org.nr 982 895 189 2018 → 2019 Year-over-year analysis

AKER UTVIKLING AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-07-03; registry 2020-07-28; journal 2020 617438

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AKER UTVIKLING AS. Revenue 0 NOK → 21.1k NOK. Net result -2.42m NOK → -1.64m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for AKER UTVIKLING AS.

Scorecard

Revenue
0 NOK 21.1k NOK
—
Operating result
-2.39m NOK -1.64m NOK
+31.5%
Net result
-2.42m NOK -1.64m NOK
+32.1%
Equity
7.79m NOK n/m
—
Cash
85.5k NOK 66.3k NOK
-22.5%
Total assets
7.90m NOK 7.59m NOK
-4.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 21.1k NOK. Calculated

  • ↑

    Operating result improved

    Operating result -2.39m NOK → -1.64m NOK. Calculated

  • ↑

    Net result improved

    Net result -2.42m NOK → -1.64m NOK. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 85.5k NOK → 66.3k NOK (-22.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 67.49× → 0.19× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 9.03m NOK → 6.14m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 289.6k NOK → 411.1k NOK. Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.23m NOK → 7.64m NOK (+521.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 519 NOK → 6 399 NOK. Reported fact