Org.nr 919 738 677 2017 → 2018 Year-over-year analysis

AHSCO HOLDING AS: årsregnskap 2018 vs 2017

Shrank 100% on revenue, slipped into loss

approved 2019-05-24; registry 2019-06-15; journal 2019 437844

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AHSCO HOLDING AS. Revenue 72.58m NOK → 72.6k NOK (-99.9%). Net result +3.48m NOK → -98.8k NOK. Equity 87.96m NOK → 83.27m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for AHSCO HOLDING AS.

Scorecard

Revenue
72.58m NOK 72.6k NOK
-99.9%
Operating result
n/m -157.5k NOK
—
Net result
+3.48m NOK -98.8k NOK
-102.8%
Equity
87.96m NOK 83.27m NOK
-5.3%
Cash
28.24m NOK 29.44m NOK
+4.3%
Total assets
n/m 96.14m NOK
—

What improved

  • ↑

    Cash rose

    Bank deposits 28.24m NOK → 29.44m NOK (+4.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 72.58m NOK to 72.6k NOK (-99.9% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 3.48m NOK profit to a loss of 98.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 87.96m NOK → 83.27m NOK. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 981 NOK → 17.1k NOK (0% → 24% of revenue). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 84.48m NOK → 81.82m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 21.84m NOK → 21.8k NOK (-99.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5.05m NOK → 0 NOK. Reported fact