Org.nr 919 976 446 2017 → 2018 Year-over-year analysis

AKERSHUS TUNGBILSERVICE AS: årsregnskap 2018 vs 2017

A steady year on the published lines

approved 2019-05-28; registry 2019-07-30; journal 2019 817544

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AKERSHUS TUNGBILSERVICE AS. Revenue 0 NOK → 13.17m NOK. Net result +984 NOK → +1 417 NOK. Equity 17.2k NOK → -1.40m NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

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

Scorecard

Revenue
0 NOK 13.17m NOK
—
Operating result
0 NOK +1.27bn NOK
—
Net result
+984 NOK +1 417 NOK
+44.0%
Equity
17.2k NOK -1.40m NOK
-8236.9%
Cash
30.0k NOK 1.00m NOK
+3238.4%
Total assets
6.06m NOK 6.58m NOK
+8.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 13.17m NOK. Calculated

  • ↑

    Operating result improved

    Operating result 0 NOK → +1.27bn NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 30.0k NOK → 1.00m NOK (+3238.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 7.16m NOK → 6 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 17.2k NOK → -1.40m NOK (equity ratio 0.3% → -21.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 12.45× → 0.28× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -21.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 962 NOK → 6 510 NOK (+576.7% YoY). Calculated