Org.nr 916 369 379 2016 → 2017 Year-over-year analysis

AHMED HOLDING AS: årsregnskap 2017 vs 2016

Slipped into loss

approved 2018-07-18; registry 2018-07-30; journal 2018 811390

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AHMED HOLDING AS. Net result +5 012 NOK → -9 828 NOK. Equity 30.0k NOK → 20.2k NOK.

On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.

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

At a glance

Operating result

-11.4k NOK -9 855 NOK

+13.8%

Net result

+5 012 NOK -9 828 NOK

-296.1%

Equity

30.0k NOK 20.2k NOK

-32.7%

Cash

33.6k NOK 23.8k NOK

-29.2%

Total assets

580.0k NOK 570.2k NOK

-1.7%

↑
Operating result improved

Operating result -11.4k NOK → -9 855 NOK. Calculated

↓
Fell into a net loss

Net result flipped from 5 012 NOK profit to a loss of 9 828 NOK. Calculated
↓
Equity eroded

Book equity 30.0k NOK → 20.2k NOK (equity ratio 5.2% → 3.5%). Calculated
↓
Cash fell

Bank deposits 33.6k NOK → 23.8k NOK (-29.2% YoY). Calculated

·
Thin equity buffer

Equity ratio is 3.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 530.0k NOK → 546.4k NOK. Reported fact