Org.nr 817 203 612 2017 → 2018 Year-over-year analysis

AKERSGATA 20 AS: årsregnskap 2018 vs 2017

Grew 12% on revenue

approved 2019-05-26; registry 2019-07-04; journal 2019 604824

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AKERSGATA 20 AS. Revenue 4.90m NOK → 5.50m NOK (+12.2%). Equity 32.92m NOK → 12.82m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AKERSGATA 20 AS.

Scorecard

Revenue
4.90m NOK 5.50m NOK
+12.2%
Equity
32.92m NOK 12.82m NOK
-61.1%
Cash
186.1k NOK 139.1k NOK
-25.3%
Total assets
37.88m NOK 38.22m NOK
+0.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.90m NOK to 5.50m NOK (+12.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 32.92m NOK → 12.82m NOK (equity ratio 86.9% → 33.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 186.1k NOK → 139.1k NOK (-25.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.09× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 32.72m NOK → 12.22m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 19.82m NOK → 15.48m NOK. Reported fact