Org.nr 914 216 230 2016 → 2017 Year-over-year analysis

AKERSHUS BILSALG AS: årsregnskap 2017 vs 2016

Grew 15% on revenue, cash halved-plus

approved 2018-05-28; registry 2018-06-09; journal 2018 445608

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AKERSHUS BILSALG AS. Revenue 720.1k NOK → 826.6k NOK (+14.8%). Equity 93.9k NOK → -41.7k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AKERSHUS BILSALG AS.

At a glance

Revenue

720.1k NOK 826.6k NOK

+14.8%

Net result

+51.8k NOK n/m

—

Equity

93.9k NOK -41.7k NOK

-144.4%

Cash

14.9k NOK 1 151 NOK

-92.3%

Total assets

536.1k NOK 557.2k NOK

+3.9%

↑
Revenue rose

Operating income / revenue moved from 720.1k NOK to 826.6k NOK (+14.8% YoY). Calculated
↑
Payroll decreased

Salary cost 38.2k NOK → 22.2k NOK (5% → 3% of revenue). Calculated

↓
Equity eroded

Book equity 93.9k NOK → -41.7k NOK (equity ratio 17.5% → -7.5%). Calculated
↓
Cash fell

Bank deposits 14.9k NOK → 1 151 NOK (-92.3% YoY). Calculated

·
Thin equity buffer

Equity ratio is -7.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 385.4k NOK → 766.3k NOK (+98.9% YoY). Calculated