FirmaIQ
Org.nr 975 914 089 2016 → 2017 Year-over-year analysis

AH DIAGNOSTICS AS: årsregnskap 2017 vs 2016

Shrank 13% on revenue, slipped into loss

approved 2018-05-04; registry 2018-05-23; journal 2018 340109

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AH DIAGNOSTICS AS. Revenue 24.06m NOK → 20.84m NOK (-13.4%). Net result +795.3k NOK → -146.9k NOK. Equity 451.5k NOK → 1.30m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

At a glance

Scorecard

Revenue
24.06m NOK 20.84m NOK
-13.4%
Operating result
+1.03m NOK +42.3k NOK
-95.9%
Net result
+795.3k NOK -146.9k NOK
-118.5%
Equity
451.5k NOK 1.30m NOK
+188.9%
Cash
2.29m NOK 3.87m NOK
+68.9%
Total assets
5.94m NOK 8.22m NOK
+38.4%

What improved

  • ↑

    Equity strengthened

    Book equity 451.5k NOK → 1.30m NOK (equity ratio 7.6% → 15.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.29m NOK → 3.87m NOK (+68.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 24.06m NOK to 20.84m NOK (-13.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.03m NOK → +42.3k NOK (op. margin 4.3% → 0.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 795.3k NOK profit to a loss of 146.9k NOK. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4.11m NOK → 4.69m NOK (17% → 22% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 17.27m NOK → 14.52m NOK (-15.9% YoY). Calculated