Org.nr 997 877 098 2015 → 2016 Year-over-year analysis

AHMAD HARMOUCH AS: årsregnskap 2016 vs 2015

Shrank 12% on revenue

approved 2017-05-02; registry 2017-07-10; journal 2017 635824

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AHMAD HARMOUCH AS. Revenue 93.56m NOK → 82.52m NOK (-11.8%). Equity 2.15m NOK → 1.93m NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AHMAD HARMOUCH AS.

At a glance

Revenue

93.56m NOK 82.52m NOK

-11.8%

Operating result

+1 519 NOK +2.30m NOK

+151478.5%

Net result

n/m +1.73m NOK

—

Equity

2.15m NOK 1.93m NOK

-9.8%

Cash

7.92m NOK 5.13m NOK

-35.2%

Total assets

14.16m NOK 12.25m NOK

-13.4%

↑
Operating result improved

Operating result +1 519 NOK → +2.30m NOK (op. margin 0.0% → 2.8%). Calculated

↓
Revenue fell

Operating income / revenue moved from 93.56m NOK to 82.52m NOK (-11.8% YoY). Calculated
↓
Equity eroded

Book equity 2.15m NOK → 1.93m NOK (equity ratio 15.2% → 15.8%). Calculated
↓
Cash fell

Bank deposits 7.92m NOK → 5.13m NOK (-35.2% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.06× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
COGS fell

COGS / varekostnad 78.21m NOK → 68.05m NOK (-13.0% YoY). Calculated