Org.nr 994 900 307 2016 → 2017 Year-over-year analysis

AKERSHAVE AS: årsregnskap 2017 vs 2016

Weaker earnings

approved 2018-06-25; registry 2018-06-28; journal 2018 580028

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AKERSHAVE AS. Net result -37.1k NOK → -53.8k NOK. Equity -24.9k NOK → -78.7k NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSHAVE AS.

Scorecard

Net result
-37.1k NOK -53.8k NOK
-45.0%
Equity
-24.9k NOK -78.7k NOK
-216.0%
Cash
1 242 NOK 13.7k NOK
+1002.8%
Total assets
337.7k NOK 13.7k NOK
-95.9%

What improved

  • ↑

    Cash rose

    Bank deposits 1 242 NOK → 13.7k NOK (+1002.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.50× → 1.49×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -37.1k NOK → -53.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -24.9k NOK → -78.7k NOK (equity ratio -7.4% → -574.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -574.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation