Org.nr 912 719 561 2017 → 2018 Year-over-year analysis

A H E HANDEL AS: årsregnskap 2018 vs 2017

Shrank 44% on revenue

approved 2020-06-02; registry 2020-06-15; journal 2020 429143

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A H E HANDEL AS. Revenue 1.78m NOK → 989.2k NOK (-44.3%). Equity 12.16m NOK → -72.8k NOK.

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

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A H E HANDEL AS.

At a glance

Revenue

1.78m NOK 989.2k NOK

-44.3%

Operating result

n/m -232.8k NOK

—

Net result

n/m -233.5k NOK

—

Equity

12.16m NOK -72.8k NOK

-100.6%

Cash

131.0k NOK 241.4k NOK

+84.3%

Total assets

1.88m NOK 2.06m NOK

+9.2%

↑
Cash rose

Bank deposits 131.0k NOK → 241.4k NOK (+84.3% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 30.0k NOK → 35.0k NOK (+4 998 NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 1.78m NOK to 989.2k NOK (-44.3% YoY). Calculated
↓
Equity eroded

Book equity 12.16m NOK → -72.8k NOK (equity ratio 645.3% → -3.5%). Calculated

·
Thin equity buffer

Equity ratio is -3.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 439.7k NOK → 292.3k NOK (-33.5% YoY). Calculated