AHS MASKIN AS: årsregnskap 2018 vs 2017
Grew 52% on revenue, cash halved-plus
approved 2019-06-18; registry 2019-07-23; journal 2019 768085
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AHS MASKIN AS. Revenue 5.14m NOK → 7.81m NOK (+52.0%). Equity 1.27m NOK → 967.6k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AHS MASKIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.14m NOK to 7.81m NOK (+52.0% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 1.27m NOK → 967.6k NOK (equity ratio 45.1% → 36.6%). Calculated
-
↓
Cash fell
Bank deposits 457.7k NOK → 135.4k NOK (-70.4% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.09× → 0.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.09m NOK → 1.92m NOK (21% → 25% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 778.2k NOK → 192.2k NOK (-75.3% YoY). Calculated