AKERSVEIEN 19 AS: årsregnskap 2017 vs 2016
Grew 13% on revenue, stronger earnings
approved 2018-05-15; registry 2018-06-27; journal 2018 574487
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKERSVEIEN 19 AS. Revenue 1.75m NOK → 1.97m NOK (+12.6%). Net result -924.9k NOK → -332.5k NOK. Equity 174.8k NOK → -194.4k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AKERSVEIEN 19 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.75m NOK to 1.97m NOK (+12.6% YoY). Calculated
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↑
Net result improved
Net result -924.9k NOK → -332.5k NOK (net margin -53.0% → -16.9%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 174.8k NOK → -194.4k NOK (equity ratio 14.3% → -72.9%). Calculated
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↓
Cash fell
Bank deposits 173.9k NOK → 116.8k NOK (-32.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -72.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 789.6k NOK → 789 NOK. Reported fact