Org.nr 993 539 112 2016 → 2017 Year-over-year analysis

AKERSHUS CONNECT AS: årsregnskap 2017 vs 2016

Shrank 99% on revenue, weaker earnings

approved 2018-05-16; registry 2018-06-07; journal 2018 433534

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AKERSHUS CONNECT AS. Revenue 1.95m NOK → 15.0k NOK (-99.2%). Net result +315.3k NOK → +130.0k NOK. Equity 618.3k NOK → 508.3k NOK.

On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1.95m NOK 15.0k NOK
-99.2%
Net result
+315.3k NOK +130.0k NOK
-58.8%
Equity
618.3k NOK 508.3k NOK
-17.8%
Cash
408 NOK 20.7k NOK
+4964.0%
Total assets
844.4k NOK 732.6k NOK
-13.2%

What improved

  • ↑

    Cash rose

    Bank deposits 408 NOK → 20.7k NOK (+4964.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.56× → 1.07×. Calculated

  • ↑

    Payroll decreased

    Salary cost 4.87m NOK → 6 698 NOK (250% → 45% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.95m NOK to 15.0k NOK (-99.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +315.3k NOK → +130.0k NOK (net margin 16.2% → 864.0%). Calculated

  • ↓

    Equity eroded

    Book equity 618.3k NOK → 508.3k NOK (equity ratio 73.2% → 69.4%). Calculated