AKERSHUS HÅNDTVERKSTJENESTER AS: årsregnskap 2017 vs 2016
Shrank 82% on revenue, weaker earnings
approved 2018-04-30; registry 2018-07-24; journal 2018 793459
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKERSHUS HÅNDTVERKSTJENESTER AS. Revenue 2.30m NOK → 409.3k NOK (-82.2%). Net result +410.3k NOK → +52.4k NOK. Equity -533.5k NOK → -481.1k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AKERSHUS HÅNDTVERKSTJENESTER AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -533.5k NOK → -481.1k NOK (equity ratio -36.3% → -42.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.30m NOK to 409.3k NOK (-82.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +442.4k NOK → +53.5k NOK (op. margin 19.2% → 13.1%). Calculated
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↓
Net result weakened
Net result +410.3k NOK → +52.4k NOK (net margin 17.8% → 12.8%). Calculated
-
↓
Cash fell
Bank deposits 394.8k NOK → 331.2k NOK (-16.1% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 0 NOK → 32.8k NOK (None YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -42.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 1 060 NOK → 720.0k NOK. Reported fact