Org.nr 994 288 768 2018 → 2019 Year-over-year analysis

AKERSHUS VASK AS: årsregnskap 2019 vs 2018

Grew 6% on revenue, cash halved-plus

approved 2019-12-31; registry 2020-06-08; journal 2020 400777

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKERSHUS VASK AS. Revenue 13.08m NOK → 13.81m NOK (+5.6%). Equity 804.1k NOK → 276.8k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

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

At a glance

Revenue

13.08m NOK 13.81m NOK

+5.6%

Operating result

n/m -414.0k NOK

—

Net result

n/m -527.3k NOK

—

Equity

804.1k NOK 276.8k NOK

-65.6%

Cash

764.3k NOK 308.6k NOK

-59.6%

Total assets

4.83m NOK 4.69m NOK

-2.8%

↑
Revenue rose

Operating income / revenue moved from 13.08m NOK to 13.81m NOK (+5.6% YoY). Calculated

↓
Equity eroded

Book equity 804.1k NOK → 276.8k NOK (equity ratio 16.7% → 5.9%). Calculated
↓
Cash fell

Bank deposits 764.3k NOK → 308.6k NOK (-59.6% YoY). Calculated

·
Thin equity buffer

Equity ratio is 5.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 356.0k NOK → 1.64m NOK (+359.3% YoY). Calculated