Org.nr 975 914 089 2017 → 2018 Year-over-year analysis

AH DIAGNOSTICS AS: årsregnskap 2018 vs 2017

Grew 52% on revenue, returned to profit

approved 2019-03-29; registry 2019-04-08; journal 2019 269184

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AH DIAGNOSTICS AS. Revenue 20.84m NOK → 31.75m NOK (+52.3%). Net result -146.9k NOK → +554.0k NOK. Equity 1.30m NOK → 1.86m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AH DIAGNOSTICS AS.

Scorecard

Revenue
20.84m NOK 31.75m NOK
+52.3%
Operating result
+42.3k NOK +555.6k NOK
+1213.8%
Net result
-146.9k NOK +554.0k NOK
+477.1%
Equity
1.30m NOK 1.86m NOK
+42.5%
Cash
3.87m NOK 2.77m NOK
-28.4%
Total assets
8.22m NOK 15.77m NOK
+91.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 20.84m NOK to 31.75m NOK (+52.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +42.3k NOK → +555.6k NOK (op. margin 0.2% → 1.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 146.9k NOK to a profit of 554.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.30m NOK → 1.86m NOK (equity ratio 15.9% → 11.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 3.87m NOK → 2.77m NOK (-28.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 14.52m NOK → 23.70m NOK (+63.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 98.3k NOK → 143.3k NOK. Reported fact