FirmaIQ
Org.nr 980 378 756 2016 → 2017 Year-over-year analysis

A HELLAND TRANSPORT AS: årsregnskap 2017 vs 2016

Shrank 5% on revenue, cash halved-plus

approved 2018-05-23; registry 2018-06-26; journal 2018 570512

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A HELLAND TRANSPORT AS. Revenue 987.6k NOK → 936.6k NOK (-5.2%). Equity -2.08m NOK → -2.09m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A HELLAND TRANSPORT AS.

At a glance

Scorecard

Revenue
987.6k NOK 936.6k NOK
-5.2%
Equity
-2.08m NOK -2.09m NOK
-0.1%
Cash
1 422 NOK 367 NOK
-74.2%
Total assets
4.19m NOK 3.93m NOK
-6.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 987.6k NOK to 936.6k NOK (-5.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -2.08m NOK → -2.09m NOK (equity ratio -49.8% → -53.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 1 422 NOK → 367 NOK (-74.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -53.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 9 634 NOK → 16.1k NOK. Reported fact