Org.nr 913 803 345 2016 → 2017 Year-over-year analysis

AH BYGGSERVICE AS: årsregnskap 2017 vs 2016

Grew 33% on revenue, cash halved-plus

approved 2018-06-29; registry 2018-08-01; journal 2018 846454

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AH BYGGSERVICE AS. Revenue 1.57m NOK → 2.09m NOK (+33.3%). Equity 356.7k NOK → 341.2k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AH BYGGSERVICE AS.

At a glance

Revenue

1.57m NOK 2.09m NOK

+33.3%

Equity

356.7k NOK 341.2k NOK

-4.3%

Cash

481.0k NOK 192.1k NOK

-60.1%

Total assets

772.1k NOK 743.7k NOK

-3.7%

↑
Revenue rose

Operating income / revenue moved from 1.57m NOK to 2.09m NOK (+33.3% YoY). Calculated
↑
Payroll decreased

Salary cost 2.65m NOK → 1.02m NOK (169% → 49% of revenue). Calculated

↓
Equity eroded

Book equity 356.7k NOK → 341.2k NOK (equity ratio 46.2% → 45.9%). Calculated
↓
Cash fell

Bank deposits 481.0k NOK → 192.1k NOK (-60.1% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.35× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
COGS moved

COGS / varekostnad 313.3k NOK → 585.9k NOK (+87.0% YoY). Calculated