Org.nr 983 208 460 2017 → 2018 Year-over-year analysis

AKERSHUS VVS AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-03-28; registry 2019-04-03; journal 2019 263700

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AKERSHUS VVS AS. Revenue 6.38m NOK → 6.15m NOK (-3.7%). Equity 991.3k NOK → 9 288 NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Revenue

6.38m NOK 6.15m NOK

-3.7%

Equity

991.3k NOK 9 288 NOK

-99.1%

Cash

312.6k NOK 154.7k NOK

-50.5%

Total assets

2.31m NOK 2.47m NOK

+6.8%

↓
Revenue fell

Operating income / revenue moved from 6.38m NOK to 6.15m NOK (-3.7% YoY). Calculated
↓
Equity eroded

Book equity 991.3k NOK → 9 288 NOK (equity ratio 42.9% → 0.4%). Calculated
↓
Cash fell

Bank deposits 312.6k NOK → 154.7k NOK (-50.5% YoY). Calculated

·
Thin equity buffer

Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 2.32m NOK → 1.82m NOK (-21.8% YoY). Calculated