A'HEAD EXECUTIVE AS: årsregnskap 2017 vs 2016
Grew 32% on revenue, returned to profit
approved 2018-03-08; registry 2018-06-07; journal 2018 427430
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A'HEAD EXECUTIVE AS. Revenue 3.09m NOK → 4.09m NOK (+32.5%). Net result -240.0k NOK → +38.2k NOK. Equity 189.7k NOK → 227.9k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.09m NOK to 4.09m NOK (+32.5% YoY). Calculated
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↑
Operating result improved
Operating result -313.0k NOK → +57.0k NOK (op. margin -10.1% → 1.4%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 240.0k NOK to a profit of 38.2k NOK. Calculated
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↑
Equity strengthened
Book equity 189.7k NOK → 227.9k NOK (equity ratio 29.5% → 98.8%). Calculated
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↑
Cash rose
Bank deposits 318.8k NOK → 341.2k NOK (+7.0% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1.10× → 0.41× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated