Org.nr 989 157 310 2016 → 2017 Year-over-year analysis

AHARA AS: årsregnskap 2017 vs 2016

Shrank 69% on revenue

approved 2018-06-29; registry 2018-07-28; journal 2018 802912

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AHARA AS. Revenue 786.2k NOK → 247.5k NOK (-68.5%). Equity 1.08m NOK → 6.68m NOK.

On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
786.2k NOK 247.5k NOK
-68.5%
Operating result
-437.6k NOK -518.9k NOK
-18.6%
Equity
1.08m NOK 6.68m NOK
+518.1%
Cash
396.5k NOK 259.4k NOK
-34.6%
Total assets
6.08m NOK 5.19m NOK
-14.6%

What improved

  • ↑

    Equity strengthened

    Book equity 1.08m NOK → 6.68m NOK (equity ratio 17.8% → 128.7%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.36× → 1.89×. Calculated

  • ↑

    Payroll decreased

    Salary cost 2.60m NOK → 522.4k NOK (330% → 211% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 786.2k NOK to 247.5k NOK (-68.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -437.6k NOK → -518.9k NOK (op. margin -55.7% → -209.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 396.5k NOK → 259.4k NOK (-34.6% YoY). Calculated