AKERSHUS BYGGENTREPRENØR AS: årsregnskap 2017 vs 2016
Grew 1041% on revenue, cash halved-plus
approved 2018-08-10; registry 2018-08-16; journal 2018 912238
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKERSHUS BYGGENTREPRENØR AS. Revenue 608.9k NOK → 6.95m NOK (+1041.0%). Equity 376.3k NOK → -1.04m 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 BYGGENTREPRENØR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 608.9k NOK to 6.95m NOK (+1041.0% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 376.3k NOK → -1.04m NOK (equity ratio 81.5% → -51.9%). Calculated
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↓
Cash fell
Bank deposits 420.6k NOK → -94.4k NOK (-122.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.15× → 0.41× — 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 -51.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 3.00m NOK → 4.22m NOK (493% → 61% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2 213 NOK → 2.36m NOK (+106703.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 366.7k NOK → 748.6k NOK. Reported fact