A'HEAD EXECUTIVE AS: årsregnskap 2018 vs 2017
Shrank 22% on revenue, weaker earnings
approved 2019-05-28; registry 2019-06-18; journal 2019 469667
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A'HEAD EXECUTIVE AS. Revenue 4.09m NOK → 3.17m NOK (-22.5%). Net result +38.2k NOK → +18.0k NOK. Equity 227.9k NOK → 245.8k NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 227.9k NOK → 245.8k NOK (equity ratio 98.8% → 33.2%). Calculated
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↑
Cash rose
Bank deposits 341.2k NOK → 358.8k NOK (+5.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.41× → 1.27×. Calculated
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↑
Payroll decreased
Salary cost 15.4k NOK → 7 962 NOK (0% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.09m NOK to 3.17m NOK (-22.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +57.0k NOK → +30.5k NOK (op. margin 1.4% → 1.0%). Calculated
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↓
Net result weakened
Net result +38.2k NOK → +18.0k NOK (net margin 0.9% → 0.6%). Calculated