FirmaIQ
Org.nr 996 905 993 2017 → 2018 Year-over-year analysis

AKERSHUS UTLEIE HOLDING AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-06-28; registry 2019-07-16; journal 2019 721840

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AKERSHUS UTLEIE HOLDING AS. Equity 75.04m NOK → 73.93m NOK.

Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

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

At a glance

Scorecard

Revenue
12 NOK n/m
—
Net result
+103.93m NOK n/m
—
Equity
75.04m NOK 73.93m NOK
-1.5%
Cash
10.08m NOK 3.70m NOK
-63.3%
Total assets
94.48m NOK 88.52m NOK
-6.3%

What deteriorated

  • ↓

    Equity eroded

    Book equity 75.04m NOK → 73.93m NOK (equity ratio 79.4% → 83.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 10.08m NOK → 3.70m NOK (-63.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.31× → 0.26× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (10.08m NOK → 3.70m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 42.0k NOK → 41.95m NOK. Reported fact