AKERSHUS AUTO AS: årsregnskap 2018 vs 2017
Grew 31% on revenue, cash halved-plus
approved 2019-05-16; registry 2019-06-06; journal 2019 388438
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKERSHUS AUTO AS. Revenue 58.04m NOK → 75.78m NOK (+30.6%).
On the constructive side: revenue rose; operating result improved; current ratio back above 1×. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AKERSHUS AUTO AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 58.04m NOK to 75.78m NOK (+30.6% YoY). Calculated
-
↑
Operating result improved
Operating result -2.11m NOK → +4.73m NOK (op. margin -3.6% → 6.2%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.84× → 1.83×. Calculated
-
↑
Payroll decreased
Salary cost 1.58m NOK → 1 NOK (3% → 0% of revenue). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 765.3k NOK → 368.7k NOK (-51.8% YoY). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 54.49m NOK → 65.74m NOK (+20.6% YoY). Calculated