Org.nr 987 916 095 2016 → 2017 Year-over-year analysis

AKERSHUS AUTO AS: årsregnskap 2017 vs 2016

Another loss-making year

approved 2018-07-31; registry 2018-08-09; journal 2018 892302

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AKERSHUS AUTO AS. Revenue 59.64m NOK → 58.04m NOK (-2.7%). Net result -3.05m NOK → -3.59m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKERSHUS AUTO AS.

At a glance

Revenue

59.64m NOK 58.04m NOK

-2.7%

Operating result

+343.7k NOK -2.11m NOK

-712.8%

Net result

-3.05m NOK -3.59m NOK

-17.9%

Equity

1.40m NOK n/m

—

Cash

256.8k NOK 765.3k NOK

+198.1%

Total assets

23.17m NOK 22.25m NOK

-4.0%

↓
Revenue fell

Operating income / revenue moved from 59.64m NOK to 58.04m NOK (-2.7% YoY). Calculated
↓
Operating result weakened

Operating result +343.7k NOK → -2.11m NOK (op. margin 0.6% → -3.6%). Calculated
↓
Net result weakened

Net result -3.05m NOK → -3.59m NOK (net margin -5.1% → -6.2%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.07× → 0.84× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
Payroll up without matching revenue

Salary cost 1.42m NOK → 1.58m NOK (2% → 3% of revenue). Calculated