Org.nr 915 686 729 2017 → 2018 Year-over-year analysis

AHARAN AS: årsregnskap 2018 vs 2017

Weaker earnings

approved 2019-05-31; registry 2019-06-19; journal 2019 474927

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AHARAN AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -3 387 NOK → -222.3k NOK. Equity 68.3k NOK → 7 NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AHARAN AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-3 398 NOK -10.8k NOK
-216.8%
Net result
-3 387 NOK -222.3k NOK
-6464.7%
Equity
68.3k NOK 7 NOK
-100.0%
Cash
51.8k NOK 79.7k NOK
+53.9%
Total assets
358.3k NOK 331.9k NOK
-7.4%

What improved

  • ↑

    Cash rose

    Bank deposits 51.8k NOK → 79.7k NOK (+53.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -3 398 NOK → -10.8k NOK. Calculated

  • ↓

    Net result weakened

    Net result -3 387 NOK → -222.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 68.3k NOK → 7 NOK (equity ratio 19.1% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 293.0k NOK → 112.6k NOK. Reported fact