AKERSHUS REKLAME TEAM AS: årsregnskap 2017 vs 2016
Slipped into loss
approved 2018-06-29; registry 2018-11-08; journal 2018 932601
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKERSHUS REKLAME TEAM AS. Revenue 26.63m NOK → 26.20m NOK (-1.6%). Net result +94.1k NOK → -1.14m NOK. Equity 847.5k NOK → -293.9k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AKERSHUS REKLAME TEAM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 300.7k NOK → 645.8k NOK (+114.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 26.63m NOK to 26.20m NOK (-1.6% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 94.1k NOK profit to a loss of 1.14m NOK. Calculated
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↓
Equity eroded
Book equity 847.5k NOK → -293.9k NOK (equity ratio 10.5% → -2.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 9.43m NOK → 7.84m NOK (-16.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 246.3k NOK → 215.9k NOK. Reported fact