FirmaIQ
Org.nr 995 158 884 2016 → 2017 Year-over-year analysis

AHA EIENDOM AS: årsregnskap 2017 vs 2016

Grew 38% on revenue, weaker earnings, cash halved-plus

approved 2018-06-30; registry 2018-08-09; journal 2018 889538

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AHA EIENDOM AS. Revenue 10.04m NOK → 13.83m NOK (+37.8%). Net result +17.42m NOK → +674.3k NOK. Equity 155.62m NOK → 154.85m NOK.

On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for AHA EIENDOM AS.

At a glance

Scorecard

Revenue
10.04m NOK 13.83m NOK
+37.8%
Operating result
n/m +598 NOK
—
Net result
+17.42m NOK +674.3k NOK
-96.1%
Equity
155.62m NOK 154.85m NOK
-0.5%
Cash
9.47m NOK 976.1k NOK
-89.7%
Total assets
673.06m NOK 649.19m NOK
-3.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.04m NOK to 13.83m NOK (+37.8% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +17.42m NOK → +674.3k NOK (net margin 173.5% → 4.9%). Calculated

  • ↓

    Equity eroded

    Book equity 155.62m NOK → 154.85m NOK (equity ratio 23.1% → 23.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 9.47m NOK → 976.1k NOK (-89.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (9.47m NOK → 976.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 4.43m NOK → 11.78m NOK (44% → 85% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 190.3k NOK → 588.1k NOK (+209.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 487.44m NOK → 471.87m NOK. Reported fact