A-HJORT AS: årsregnskap 2018 vs 2017
Grew 31% on revenue, returned to profit, cash halved-plus
approved 2019-06-19; registry 2019-07-03; journal 2019 596860
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A-HJORT AS. Revenue 656.1k NOK → 857.5k NOK (+30.7%). Net result -122.4k NOK → +264.1k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for A-HJORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 656.1k NOK to 857.5k NOK (+30.7% YoY). Calculated
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↑
Operating result improved
Operating result -19.1k NOK → +265.9k NOK (op. margin -2.9% → 31.0%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 122.4k NOK to a profit of 264.1k NOK. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 6.11m NOK → 11.8k NOK (-99.8% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (6.11m NOK → 11.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation