AKERSHUS BOLIGBYGG AS: årsregnskap 2017 vs 2016
Shrank 68% on revenue, stronger earnings
approved 2018-05-31; registry 2018-07-02; journal 2018 607264
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKERSHUS BOLIGBYGG AS. Revenue 945.0k NOK → 300.0k NOK (-68.3%). Net result +88.8k NOK → +670.9k NOK. Equity 283.9k NOK → -556.9k NOK.
On the constructive side: net result improved; cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AKERSHUS BOLIGBYGG AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +88.8k NOK → +670.9k NOK (net margin 9.4% → 223.6%). Calculated
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Cash rose
Bank deposits 3 280 NOK → 53.5k NOK (+1532.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 945.0k NOK to 300.0k NOK (-68.3% YoY). Calculated
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↓
Operating result weakened
Operating result +651.0k NOK → +25.1k NOK (op. margin 68.9% → 8.4%). Calculated
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↓
Equity eroded
Book equity 283.9k NOK → -556.9k NOK (equity ratio 3.3% → -7.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -7.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 10.0k NOK → 3 750 NOK. Reported fact