AH NOER AS: årsregnskap 2018 vs 2017
Shrank 74% on revenue, stronger earnings
approved 2019-07-09; registry 2019-07-24; journal 2019 782264
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AH NOER AS. Revenue 1.54m NOK → 396.7k NOK (-74.3%). Net result +253.3k NOK → +480.0k NOK. Equity 1.91m NOK → 2.39m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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Net result improved
Net result +253.3k NOK → +480.0k NOK (net margin 16.4% → 121.0%). Calculated
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Equity strengthened
Book equity 1.91m NOK → 2.39m NOK (equity ratio 78.3% → 82.7%). Calculated
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Cash rose
Bank deposits 2.42m NOK → 2.89m NOK (+19.2% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.54m NOK to 396.7k NOK (-74.3% YoY). Calculated
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↓
Operating result weakened
Operating result +484.6k NOK → +466.0k NOK (op. margin 31.4% → 117.5%). Calculated
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Payroll up without matching revenue
Salary cost 2 NOK → 833.2k NOK (0% → 210% of revenue). Calculated