AHE HELSE AS: årsregnskap 2017 vs 2016
Grew 467% on revenue, stronger earnings, cash halved-plus
approved 2018-06-30; registry 2018-08-08; journal 2018 886010
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AHE HELSE AS. Revenue 109.8k NOK → 622.5k NOK (+466.8%). Net result +159.6k NOK → +340.1k NOK. Equity 473.8k NOK → 813.9k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AHE HELSE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 109.8k NOK to 622.5k NOK (+466.8% YoY). Calculated
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Net result improved
Net result +159.6k NOK → +340.1k NOK (net margin 145.3% → 54.6%). Calculated
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Equity strengthened
Book equity 473.8k NOK → 813.9k NOK (equity ratio 61.3% → 86.4%). Calculated
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Payroll decreased
Salary cost 7 344 NOK → 2 344 NOK (7% → 0% of revenue). Calculated
What deteriorated
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Cash fell
Bank deposits 116.72m NOK → 184.3k NOK (-99.8% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (116.72m NOK → 184.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Book investments changed
Investment / intangible book value 432.5k NOK → 671.5k NOK. Reported fact