AKERSHUS REKLAME TEAM AS: årsregnskap 2018 vs 2017
Grew 6% on revenue, stronger earnings
approved 2019-06-30; registry 2019-07-09; journal 2019 652761
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKERSHUS REKLAME TEAM AS. Revenue 26.20m NOK → 27.72m NOK (+5.8%). Net result -1.14m NOK → -415.8k NOK. Equity -293.9k NOK → -709.7k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for AKERSHUS REKLAME TEAM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 26.20m NOK to 27.72m NOK (+5.8% YoY). Calculated
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Net result improved
Net result -1.14m NOK → -415.8k NOK (net margin -4.4% → -1.5%). Calculated
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Cash rose
Bank deposits 645.8k NOK → 710.2k NOK (+10.0% YoY). Calculated
What deteriorated
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Equity eroded
Book equity -293.9k NOK → -709.7k NOK (equity ratio -2.9% → -5.8%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -5.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 12.81m NOK → 13.48m NOK (49% → 49% of revenue). Calculated
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COGS fell
COGS / varekostnad 7.84m NOK → 7.53m NOK (-3.9% YoY). Calculated
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Book investments changed
Investment / intangible book value 215.9k NOK → 185.9k NOK. Reported fact