Org.nr 878 670 892 2017 → 2018 Year-over-year analysis

AKERSBORG AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-05-28; registry 2019-06-20; journal 2019 482279

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AKERSBORG AS. Revenue 6.45m NOK → 6.55m NOK (+1.5%). Equity 5.58m NOK → 144.3k NOK.

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

Also worth watching: thin equity buffer; sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for AKERSBORG AS.

At a glance

Revenue

6.45m NOK 6.55m NOK

+1.5%

Operating result

+3.70m NOK +561.3k NOK

-84.8%

Net result

n/m -438.8k NOK

—

Equity

5.58m NOK 144.3k NOK

-97.4%

Cash

2.42m NOK 316.2k NOK

-86.9%

Total assets

41.06m NOK 38.76m NOK

-5.6%

↑
Revenue rose

Operating income / revenue moved from 6.45m NOK to 6.55m NOK (+1.5% YoY). Calculated

↓
Operating result weakened

Operating result +3.70m NOK → +561.3k NOK (op. margin 57.4% → 8.6%). Calculated
↓
Equity eroded

Book equity 5.58m NOK → 144.3k NOK (equity ratio 13.6% → 0.4%). Calculated
↓
Cash fell

Bank deposits 2.42m NOK → 316.2k NOK (-86.9% YoY). Calculated

·
Thin equity buffer

Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Sharp cash drawdown

Cash fell by more than 60% YoY (2.42m NOK → 316.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
COGS moved

COGS / varekostnad 152.6k NOK → 1.42m NOK (+827.1% YoY). Calculated