FirmaIQ
Org.nr 992 670 630 2016 → 2017 Year-over-year analysis

AKERSGATEN 1-5 AS: årsregnskap 2017 vs 2016

Stronger earnings

approved 2018-02-28; registry 2018-03-19; journal 2018 235633

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AKERSGATEN 1-5 AS. Revenue 10.55m NOK → 10.56m NOK (+0.0%). Net result +66.3k NOK → +659.2k NOK. Equity 27.16m NOK → 6.42m NOK.

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

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AKERSGATEN 1-5 AS.

At a glance

Scorecard

Revenue
10.55m NOK 10.56m NOK
+0.0%
Operating result
+3.13m NOK +4.10m NOK
+31.0%
Net result
+66.3k NOK +659.2k NOK
+893.7%
Equity
27.16m NOK 6.42m NOK
-76.4%
Cash
2.29m NOK 30.67m NOK
+1239.0%
Total assets
111.49m NOK 138.38m NOK
+24.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.55m NOK to 10.56m NOK (+0.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.13m NOK → +4.10m NOK (op. margin 29.7% → 38.9%). Calculated

  • ↑

    Net result improved

    Net result +66.3k NOK → +659.2k NOK (net margin 0.6% → 6.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.29m NOK → 30.67m NOK (+1239.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 27.16m NOK → 6.42m NOK (equity ratio 24.4% → 4.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 955.3k NOK → 481.5k NOK (-49.6% YoY). Calculated