AH GROVA AS: årsregnskap 2018 vs 2017
Shrank 6% on revenue
approved 2019-05-03; registry 2019-07-13; journal 2019 688676
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AH GROVA AS. Revenue 1.74m NOK → 1.63m NOK (-6.2%). Net result +979.4k NOK → +816.0k NOK. Equity 7.12m NOK → 2.93m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.74m NOK
1.63m NOK
-6.2%
Net result
+979.4k NOK
+816.0k NOK
-16.7%
Equity
7.12m NOK
2.93m NOK
-58.8%
Cash
298.0k NOK
686.9k NOK
+130.5%
Total assets
8.15m NOK
13.27m NOK
+62.8%
What improved
-
↑
Cash rose
Bank deposits 298.0k NOK → 686.9k NOK (+130.5% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.74m NOK to 1.63m NOK (-6.2% YoY). Calculated
-
↓
Net result weakened
Net result +979.4k NOK → +816.0k NOK (net margin 56.4% → 50.1%). Calculated
-
↓
Equity eroded
Book equity 7.12m NOK → 2.93m NOK (equity ratio 87.3% → 22.1%). Calculated