Org.nr 992 060 573 2016 → 2017 Year-over-year analysis

AKERSGATA 11 AS: årsregnskap 2017 vs 2016

Shrank 7% on revenue, cash halved-plus

approved 2018-06-16; registry 2018-07-11; journal 2018 667330

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AKERSGATA 11 AS. Revenue 2.93m NOK → 2.72m NOK (-7.4%). Equity 13.81m NOK → 13.83m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKERSGATA 11 AS.

At a glance

Revenue

2.93m NOK 2.72m NOK

-7.4%

Equity

13.81m NOK 13.83m NOK

+0.1%

Cash

479.6k NOK 30.0k NOK

-93.7%

Total assets

39.09m NOK 36.56m NOK

-6.5%

↑
Equity strengthened

Book equity 13.81m NOK → 13.83m NOK (equity ratio 35.3% → 37.8%). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.93m NOK to 2.72m NOK (-7.4% YoY). Calculated
↓
Cash fell

Bank deposits 479.6k NOK → 30.0k NOK (-93.7% YoY). Calculated

·
Book investments changed

Investment / intangible book value 21.22m NOK → 19.84m NOK. Reported fact