Org.nr 996 905 993 2016 → 2017 Year-over-year analysis

AKERSHUS UTLEIE HOLDING AS: årsregnskap 2017 vs 2016

Shrank 100% on revenue, stronger earnings

approved 2018-06-30; registry 2018-07-21; journal 2018 747015

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AKERSHUS UTLEIE HOLDING AS. Revenue 145.72m NOK → 12 NOK (-100.0%). Net result +34.88m NOK → +103.93m NOK. Equity 1.11m NOK → 75.04m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKERSHUS UTLEIE HOLDING AS.

Scorecard

Revenue
145.72m NOK 12 NOK
-100.0%
Net result
+34.88m NOK +103.93m NOK
+197.9%
Equity
1.11m NOK 75.04m NOK
+6652.8%
Cash
1 459 NOK 10.08m NOK
+690746.7%
Total assets
2.78m NOK 94.48m NOK
+3295.9%

What improved

  • ↑

    Net result improved

    Net result +34.88m NOK → +103.93m NOK (net margin 23.9% → 866050566.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.11m NOK → 75.04m NOK (equity ratio 39.9% → 79.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 459 NOK → 10.08m NOK (+690746.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.90× → 1.31×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 145.72m NOK to 12 NOK (-100.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 37.91m NOK → 149.2k NOK (-99.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 7 500 NOK → 42.0k NOK. Reported fact