FirmaIQ
Org.nr 982 022 568 2017 → 2018 Year-over-year analysis

AKERGREN AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-06-30; registry 2019-08-01; journal 2019 834861

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AKERGREN AS. Revenue 2.93m NOK → 3.00m NOK (+2.2%). Net result +1.45m NOK → +1.65m NOK. Equity 13.67m NOK → 12.32m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AKERGREN AS.

At a glance

Scorecard

Revenue
2.93m NOK 3.00m NOK
+2.2%
Operating result
+1.76m NOK +2.00m NOK
+13.6%
Net result
+1.45m NOK +1.65m NOK
+14.1%
Equity
13.67m NOK 12.32m NOK
-9.9%
Cash
2.61m NOK 761.4k NOK
-70.8%
Total assets
16.84m NOK 15.10m NOK
-10.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.93m NOK to 3.00m NOK (+2.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.76m NOK → +2.00m NOK (op. margin 60.1% → 66.8%). Calculated

  • ↑

    Net result improved

    Net result +1.45m NOK → +1.65m NOK (net margin 49.3% → 55.1%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 13.67m NOK → 12.32m NOK (equity ratio 81.2% → 81.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.61m NOK → 761.4k NOK (-70.8% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.61m NOK → 761.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 288.1k NOK → 59.6k NOK. Reported fact