Org.nr 975 914 089 2015 → 2016 Year-over-year analysis

AH DIAGNOSTICS AS: årsregnskap 2016 vs 2015

Grew 18% on revenue

approved 2017-05-31; registry 2017-06-26; journal 2017 533543

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AH DIAGNOSTICS AS. Revenue 20.31m NOK → 24.06m NOK (+18.5%). Equity 656.3k NOK → 451.5k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AH DIAGNOSTICS AS.

At a glance

Revenue

20.31m NOK 24.06m NOK

+18.5%

Operating result

n/m +1.03m NOK

—

Net result

n/m +795.3k NOK

—

Equity

656.3k NOK 451.5k NOK

-31.2%

Cash

3.55m NOK 2.29m NOK

-35.5%

Total assets

6.98m NOK 5.94m NOK

-14.8%

↑
Revenue rose

Operating income / revenue moved from 20.31m NOK to 24.06m NOK (+18.5% YoY). Calculated

↓
Equity eroded

Book equity 656.3k NOK → 451.5k NOK (equity ratio 9.4% → 7.6%). Calculated
↓
Cash fell

Bank deposits 3.55m NOK → 2.29m NOK (-35.5% YoY). Calculated

·
Thin equity buffer

Equity ratio is 7.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 15.28m NOK → 17.27m NOK (+13.0% YoY). Calculated