Org.nr 912 719 561 2016 → 2017 Year-over-year analysis

A H E HANDEL AS: årsregnskap 2017 vs 2016

Shrank 37% on revenue

approved 2019-03-15; registry 2019-03-19; journal 2019 241218

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for A H E HANDEL AS. Revenue 2.82m NOK → 1.78m NOK (-37.0%). Equity 12.13m NOK → 12.16m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A H E HANDEL AS.

Scorecard

Revenue
2.82m NOK 1.78m NOK
-37.0%
Equity
12.13m NOK 12.16m NOK
+0.3%
Cash
21.7k NOK 131.0k NOK
+502.5%
Total assets
2.30m NOK 1.88m NOK
-18.1%

What improved

  • ↑

    Equity strengthened

    Book equity 12.13m NOK → 12.16m NOK (equity ratio 527.2% → 645.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 21.7k NOK → 131.0k NOK (+502.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.57m NOK → 2 NOK (127% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.82m NOK to 1.78m NOK (-37.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.25m NOK → 439.7k NOK (-64.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 249.6k NOK → 43.0k NOK. Reported fact