AHA EIENDOM AS: årsregnskap 2016 vs 2015
Shrank 5% on revenue, cash halved-plus
approved 2017-06-30; registry 2017-07-19; journal 2017 723626
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AHA EIENDOM AS. Revenue 10.57m NOK → 10.04m NOK (-5.1%). Net result +16.26m NOK → +17.42m NOK. Equity 208.20m NOK → 155.62m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AHA EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +16.26m NOK → +17.42m NOK (net margin 153.8% → 173.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 10.57m NOK to 10.04m NOK (-5.1% YoY). Calculated
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↓
Equity eroded
Book equity 208.20m NOK → 155.62m NOK (equity ratio 33.8% → 23.1%). Calculated
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↓
Cash fell
Bank deposits 37.58m NOK → 9.47m NOK (-74.8% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 175.6k NOK → 190.3k NOK (+8.4% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (37.58m NOK → 9.47m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 155.08m NOK → 85.08m NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 429.20m NOK → 487.44m NOK. Reported fact