Org.nr 913 162 544 2016 → 2017 Year-over-year analysis

AHS MASKIN AS: årsregnskap 2017 vs 2016

Shrank 17% on revenue

approved 2018-05-18; registry 2018-07-30; journal 2018 814470

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AHS MASKIN AS. Revenue 6.19m NOK → 5.14m NOK (-17.0%). Equity 687.3k NOK → 1.27m NOK.

On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; cash fell.

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

At a glance

Revenue

6.19m NOK 5.14m NOK

-17.0%

Equity

687.3k NOK 1.27m NOK

+85.1%

Cash

827.2k NOK 457.7k NOK

-44.7%

Total assets

3.30m NOK 2.82m NOK

-14.5%

↑
Equity strengthened

Book equity 687.3k NOK → 1.27m NOK (equity ratio 20.8% → 45.1%). Calculated
↑
Current ratio back above 1×

Current ratio 0.55× → 1.09×. Calculated
↑
Payroll decreased

Salary cost 1.32m NOK → 1.09m NOK (21% → 21% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 6.19m NOK to 5.14m NOK (-17.0% YoY). Calculated
↓
Cash fell

Bank deposits 827.2k NOK → 457.7k NOK (-44.7% YoY). Calculated