A HVIDE HOLDING AS: årsregnskap 2017 vs 2016
Returned to profit
approved 2018-06-29; registry 2018-07-17; journal 2018 704965
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A HVIDE HOLDING AS. Revenue 497.5k NOK → 499.2k NOK (+0.3%). Net result -9.24m NOK → +36.38m NOK. Equity 27.76m NOK → 60.14m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A HVIDE HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 497.5k NOK to 499.2k NOK (+0.3% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 9.24m NOK to a profit of 36.38m NOK. Calculated
-
↑
Equity strengthened
Book equity 27.76m NOK → 60.14m NOK (equity ratio 64.5% → 74.9%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 1.63m NOK → 861.3k NOK (-47.3% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.93× → 0.88× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 14.82m NOK → 55.56m NOK. Reported fact