AKERSHUS BYGG- OG VEDLIKEHOLD AS: årsregnskap 2017 vs 2016
Grew 13% on revenue, cash halved-plus
approved 2018-05-04; registry 2018-05-22; journal 2018 331674
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKERSHUS BYGG- OG VEDLIKEHOLD AS. Revenue 366.3k NOK → 414.1k NOK (+13.0%). Equity 70.4k NOK → -68.8k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AKERSHUS BYGG- OG VEDLIKEHOLD AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 366.3k NOK to 414.1k NOK (+13.0% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 70.4k NOK → -68.8k NOK (equity ratio 41.5% → -123.9%). Calculated
-
↓
Cash fell
Bank deposits 111.6k NOK → 10.1k NOK (-91.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.21× → 0.13× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -123.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 3 128 NOK → 3.28m NOK (1% → 793% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 76.3k NOK → 148.9k NOK (+95.1% YoY). Calculated