AH GROVA AS: årsregnskap 2017 vs 2016
Grew 18% on revenue, stronger earnings
approved 2018-05-15; registry 2018-05-30; journal 2018 374762
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AH GROVA AS. Revenue 1.47m NOK → 1.74m NOK (+18.2%). Net result +654.8k NOK → +979.4k NOK. Equity 6.14m NOK → 7.12m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.47m NOK to 1.74m NOK (+18.2% YoY). Calculated
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↑
Net result improved
Net result +654.8k NOK → +979.4k NOK (net margin 44.5% → 56.4%). Calculated
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↑
Equity strengthened
Book equity 6.14m NOK → 7.12m NOK (equity ratio 70.8% → 87.3%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 521.3k NOK → 298.0k NOK (-42.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.23× → 0.72× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated