AKERSHUS LÅS OG SNEKKERSERVICE AS: årsregnskap 2018 vs 2017
Shrank 23% on revenue, returned to profit, cash halved-plus
approved 2019-06-19; registry 2019-07-09; journal 2019 646085
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKERSHUS LÅS OG SNEKKERSERVICE AS. Revenue 2.30m NOK → 1.77m NOK (-23.3%). Net result -31.3k NOK → +6.14m NOK. Equity -180.5k NOK → -39.9k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKERSHUS LÅS OG SNEKKERSERVICE AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +50 NOK → +223.1k NOK (op. margin 0.0% → 12.6%). Calculated
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Turned profitable
Net result flipped from a loss of 31.3k NOK to a profit of 6.14m NOK. Calculated
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Equity strengthened
Book equity -180.5k NOK → -39.9k NOK (equity ratio -25.4% → -5.3%). Calculated
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Payroll decreased
Salary cost 5.55m NOK → 5.30m NOK (241% → 300% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.30m NOK to 1.77m NOK (-23.3% YoY). Calculated
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Cash fell
Bank deposits 80.7k NOK → 2 235 NOK (-97.2% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 1 192 NOK → 695.8k NOK (+58269.2% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 56.2k NOK → 160.8k NOK. Reported fact