A&H CORP AS: årsregnskap 2021 vs 2020
Grew 13% on revenue, slipped into loss
registry 2022-06-08; journal 2022 429755
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A&H CORP AS. Revenue 50.8k NOK → 57.4k NOK (+13.0%). Net result +25.4k NOK → -535.8k NOK. Equity 55.4k NOK → -480.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A&H CORP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 50.8k NOK to 57.4k NOK (+13.0% YoY). Calculated
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↑
Cash rose
Bank deposits 16.2k NOK → 224.7k NOK (+1284.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +25.4k NOK → -535.8k NOK (op. margin 50.0% → -933.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 25.4k NOK profit to a loss of 535.8k NOK. Calculated
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↓
Equity eroded
Book equity 55.4k NOK → -480.4k NOK (equity ratio 82.7% → -178.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 5.77× → 0.36× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -178.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation