AHA-KVALITET AS: årsregnskap 2018 vs 2017
Grew 21% on revenue, slipped into loss
approved 2019-06-28; registry 2019-07-30; journal 2019 820374
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AHA-KVALITET AS. Revenue 617.4k NOK → 744.7k NOK (+20.6%). Net result +3 655 NOK → -116.4k NOK. Equity 7 145 NOK → -109.2k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AHA-KVALITET AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 617.4k NOK to 744.7k NOK (+20.6% YoY). Calculated
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↑
Cash rose
Bank deposits 150.2k NOK → 177.1k NOK (+17.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +36.4k NOK → -116.6k NOK (op. margin 5.9% → -15.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 3 655 NOK profit to a loss of 116.4k NOK. Calculated
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↓
Equity eroded
Book equity 7 145 NOK → -109.2k NOK (equity ratio 4.2% → -56.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -56.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 357.8k NOK → 695.7k NOK (58% → 93% of revenue). Calculated