AKERSGATEN 1-5 AS: årsregnskap 2018 vs 2017
Grew 9% on revenue, cash halved-plus
approved 2019-06-05; registry 2019-06-25; journal 2019 519804
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKERSGATEN 1-5 AS. Revenue 10.56m NOK → 11.48m NOK (+8.8%). Net result +659.2k NOK → +617.3k NOK. Equity 6.42m NOK → 6.44m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for AKERSGATEN 1-5 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 10.56m NOK to 11.48m NOK (+8.8% YoY). Calculated
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↑
Operating result improved
Operating result +4.10m NOK → +6.06m NOK (op. margin 38.9% → 52.8%). Calculated
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↑
Equity strengthened
Book equity 6.42m NOK → 6.44m NOK (equity ratio 4.6% → 5.8%). Calculated
What deteriorated
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↓
Net result weakened
Net result +659.2k NOK → +617.3k NOK (net margin 6.2% → 5.4%). Calculated
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↓
Cash fell
Bank deposits 30.67m NOK → 3.57m NOK (-88.4% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (30.67m NOK → 3.57m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 6.20m NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 481.5k NOK → 1.80m NOK (+273.5% YoY). Calculated