AHDA AS: årsregnskap 2017 vs 2016
Grew 151517% on revenue, weaker earnings
approved 2018-05-28; registry 2018-06-05; journal 2018 404191
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AHDA AS. Revenue 1 012 NOK → 1.53m NOK (+151516.5%). Net result -15.5k NOK → -60.0k NOK. Equity 37.3k NOK → -22.7k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AHDA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 012 NOK to 1.53m NOK (+151516.5% YoY). Calculated
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↑
Cash rose
Bank deposits 117.1k NOK → 215.6k NOK (+84.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.93× → 1.30×. Calculated
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↑
Payroll decreased
Salary cost 2.72m NOK → 1.23m NOK (269101% → 80% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result -15.5k NOK → -60.0k NOK (net margin -1536.2% → -3.9%). Calculated
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↓
Equity eroded
Book equity 37.3k NOK → -22.7k NOK (equity ratio 7.3% → -3.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -3.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 194.3k NOK → 126.7k NOK (-34.8% YoY). Calculated