Org.nr 993 595 799 2015 → 2016 Year-over-year analysis

AH GROVA AS: årsregnskap 2016 vs 2015

Shrank 11% on revenue, cash halved-plus

approved 2017-06-14; registry 2017-07-08; journal 2017 628076

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AH GROVA AS. Revenue 1.66m NOK → 1.47m NOK (-11.3%). Equity 5.48m NOK → 6.14m NOK.

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

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AH GROVA AS.

At a glance

Revenue

1.66m NOK 1.47m NOK

-11.3%

Net result

n/m +654.8k NOK

—

Equity

5.48m NOK 6.14m NOK

+11.9%

Cash

3.97m NOK 521.3k NOK

-86.9%

Total assets

11.99m NOK 8.67m NOK

-27.7%

↑
Equity strengthened

Book equity 5.48m NOK → 6.14m NOK (equity ratio 45.7% → 70.8%). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.66m NOK to 1.47m NOK (-11.3% YoY). Calculated
↓
Cash fell

Bank deposits 3.97m NOK → 521.3k NOK (-86.9% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (3.97m NOK → 521.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation