A&H EIENDOMSUTVIKLING AS: årsregnskap 2017 vs 2016
Grew 1118% on revenue, weaker earnings
approved 2018-06-18; registry 2018-07-04; journal 2018 615231
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A&H EIENDOMSUTVIKLING AS. Revenue 434.2k NOK → 5.29m NOK (+1117.5%). Net result +283.3k NOK → +193.1k NOK. Equity 4.25m NOK → 6.65m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A&H EIENDOMSUTVIKLING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 434.2k NOK to 5.29m NOK (+1117.5% YoY). Calculated
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↑
Equity strengthened
Book equity 4.25m NOK → 6.65m NOK (equity ratio 25.2% → 45.3%). Calculated
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↑
Payroll decreased
Salary cost 43.4k NOK → 19.6k NOK (10% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +629.5k NOK → +324.1k NOK (op. margin 145.0% → 6.1%). Calculated
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↓
Net result weakened
Net result +283.3k NOK → +193.1k NOK (net margin 65.3% → 3.7%). Calculated
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↓
Cash fell
Bank deposits 796.2k NOK → 591.7k NOK (-25.7% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 15.0k NOK → 3.36m NOK. Reported fact