AKERSHUS BILSALG AS: årsregnskap 2018 vs 2017
Shrank 57% on revenue
approved 2019-05-28; registry 2019-08-08; journal 2019 900218
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKERSHUS BILSALG AS. Revenue 826.6k NOK → 357.4k NOK (-56.8%). Equity -41.7k NOK → -160.3k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AKERSHUS BILSALG AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 1 151 NOK → 2 251 NOK (+95.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 22.2k NOK → 9 106 NOK (3% → 3% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 826.6k NOK to 357.4k NOK (-56.8% YoY). Calculated
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↓
Equity eroded
Book equity -41.7k NOK → -160.3k NOK (equity ratio -7.5% → -33.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.15× → 0.70× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -33.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 766.3k NOK → 346.0k NOK (-54.9% YoY). Calculated