Org.nr 983 398 138 2016 → 2017 Year-over-year analysis

AKER YACHTS AS: årsregnskap 2017 vs 2016

Cash halved-plus

approved 2018-05-09; registry 2018-07-30; journal 2018 814866

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AKER YACHTS AS. Revenue 6.88m NOK → 6.85m NOK (-0.4%). Equity 88.9k NOK → 1.11m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for AKER YACHTS AS.

At a glance

Revenue

6.88m NOK 6.85m NOK

-0.4%

Operating result

n/m +37.6k NOK

—

Equity

88.9k NOK 1.11m NOK

+1148.7%

Cash

7.74m NOK 2.48m NOK

-68.0%

Total assets

8.40m NOK 3.30m NOK

-60.7%

↑
Equity strengthened

Book equity 88.9k NOK → 1.11m NOK (equity ratio 1.1% → 33.6%). Calculated

↓
Revenue fell

Operating income / revenue moved from 6.88m NOK to 6.85m NOK (-0.4% YoY). Calculated
↓
Cash fell

Bank deposits 7.74m NOK → 2.48m NOK (-68.0% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 4.01m NOK → 4.87m NOK (58% → 71% of revenue). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (7.74m NOK → 2.48m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
COGS fell

COGS / varekostnad 670.3k NOK → 535.3k NOK (-20.1% YoY). Calculated