Org.nr 983 398 138 2017 → 2018 Year-over-year analysis

AKER YACHTS AS: årsregnskap 2018 vs 2017

Shrank 17% on revenue

approved 2019-06-26; registry 2019-07-09; journal 2019 648603

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AKER YACHTS AS. Revenue 6.85m NOK → 5.68m NOK (-17.0%). Equity 1.11m NOK → 675.0k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

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

At a glance

Revenue

6.85m NOK 5.68m NOK

-17.0%

Operating result

+37.6k NOK -551.4k NOK

-1567.4%

Net result

n/m -435.2k NOK

—

Equity

1.11m NOK 675.0k NOK

-39.2%

Cash

2.48m NOK 3.77m NOK

+51.9%

Total assets

3.30m NOK 2.30m NOK

-30.2%

↑
Cash rose

Bank deposits 2.48m NOK → 3.77m NOK (+51.9% YoY). Calculated
↑
Payroll decreased

Salary cost 4.87m NOK → 3.95m NOK (71% → 70% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 6.85m NOK to 5.68m NOK (-17.0% YoY). Calculated
↓
Operating result weakened

Operating result +37.6k NOK → -551.4k NOK (op. margin 0.5% → -9.7%). Calculated
↓
Equity eroded

Book equity 1.11m NOK → 675.0k NOK (equity ratio 33.6% → 29.3%). Calculated