AH UTVIKLING AS: årsregnskap 2018 vs 2017
Grew 187% on revenue, cash halved-plus
approved 2019-07-12; registry 2019-07-20; journal 2019 758715
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AH UTVIKLING AS. Revenue 365.9k NOK → 1.05m NOK (+187.1%). Equity 529.1k NOK → -157.3k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AH UTVIKLING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 365.9k NOK to 1.05m NOK (+187.1% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 529.1k NOK → -157.3k NOK (equity ratio 5.8% → -1.1%). Calculated
-
↓
Cash fell
Bank deposits 587.7k NOK → 210.6k NOK (-64.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.06× → 0.05× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 7 471 NOK → 1.97m NOK (+26245.8% YoY). Calculated