Org.nr 850 174 342 2017 → 2018 Year-over-year analysis

AKERSHUS MOTOR AS: årsregnskap 2018 vs 2017

Grew 42% on revenue

approved 2019-04-30; registry 2019-08-05; journal 2019 865470

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AKERSHUS MOTOR AS. Revenue 7.93m NOK → 11.26m NOK (+42.1%). Equity 1421.91bn NOK → 12 NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AKERSHUS MOTOR AS.

At a glance

Revenue

7.93m NOK 11.26m NOK

+42.1%

Equity

1421.91bn NOK 12 NOK

-100.0%

Cash

97.5k NOK 196.7k NOK

+101.9%

Total assets

2.19m NOK 2.28m NOK

+3.9%

↑
Revenue rose

Operating income / revenue moved from 7.93m NOK to 11.26m NOK (+42.1% YoY). Calculated
↑
Cash rose

Bank deposits 97.5k NOK → 196.7k NOK (+101.9% YoY). Calculated

↓
Equity eroded

Book equity 1421.91bn NOK → 12 NOK (equity ratio 64917971.2% → 0.0%). Calculated

·
Thin equity buffer

Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 4.66m NOK → 7.54m NOK (+61.7% YoY). Calculated