AH DRILLING CONSULTANCY AS: årsregnskap 2018 vs 2017
Shrank 70% on revenue, cash halved-plus
approved 2019-07-10; registry 2019-08-06; journal 2019 875584
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AH DRILLING CONSULTANCY AS. Revenue 2.63m NOK → 781.2k NOK (-70.3%). Equity 11.08m NOK → 11.04m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AH DRILLING CONSULTANCY AS.
At a glance
Scorecard
Revenue
2.63m NOK
781.2k NOK
-70.3%
Equity
11.08m NOK
11.04m NOK
-0.3%
Cash
923.7k NOK
4 131 NOK
-99.6%
Total assets
12.61m NOK
11.88m NOK
-5.8%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.63m NOK to 781.2k NOK (-70.3% YoY). Calculated
-
↓
Equity eroded
Book equity 11.08m NOK → 11.04m NOK (equity ratio 87.8% → 93.0%). Calculated
-
↓
Cash fell
Bank deposits 923.7k NOK → 4 131 NOK (-99.6% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 4.40m NOK → 5.35m NOK. Reported fact