AKERSPOSTEN MEDIA AS: årsregnskap 2018 vs 2017
Grew 232% on revenue, slipped into loss
approved 2018-12-31; registry 2019-08-08; journal 2019 914444
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKERSPOSTEN MEDIA AS. Revenue 573.3k NOK → 1.90m NOK (+232.1%). Net result +11.5k NOK → -49.0k NOK. Equity -153.3k NOK → -202.2k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AKERSPOSTEN MEDIA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 573.3k NOK to 1.90m NOK (+232.1% YoY). Calculated
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↑
Cash rose
Bank deposits 49.0k NOK → 104.1k NOK (+112.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +11.4k NOK → -49.0k NOK (op. margin 2.0% → -2.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 11.5k NOK profit to a loss of 49.0k NOK. Calculated
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↓
Equity eroded
Book equity -153.3k NOK → -202.2k NOK (equity ratio -42.0% → -52.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -52.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 681.1k NOK → 905.9k NOK (119% → 48% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 612.5k NOK → 727.0k NOK (+18.7% YoY). Calculated