AKERSBORG AS: årsregnskap 2019 vs 2018
Grew 11% on revenue, weaker earnings, fresh owner capital
approved 2020-05-26; registry 2020-08-01; journal 2020 632350
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKERSBORG AS. Revenue 6.55m NOK → 7.27m NOK (+10.9%). Net result -438.8k NOK → -1.39m NOK. Equity 144.3k NOK → 103.8k NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSBORG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.55m NOK to 7.27m NOK (+10.9% YoY). Calculated
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Cash rose
Bank deposits 316.2k NOK → 16.15m NOK (+5007.1% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 533.7k NOK → 885.8k NOK (+352.1k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +561.3k NOK → +402.9k NOK (op. margin 8.6% → 5.5%). Calculated
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↓
Net result weakened
Net result -438.8k NOK → -1.39m NOK (net margin -6.7% → -19.2%). Calculated
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↓
Equity eroded
Book equity 144.3k NOK → 103.8k NOK (equity ratio 0.4% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation