A H E HANDEL AS: årsregnskap 2020 vs 2019
Grew 236% on revenue, slipped into loss, cash halved-plus
approved 2021-08-18; registry 2021-09-30; journal 2021 834450
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A H E HANDEL AS. Revenue 143.6k NOK → 482.5k NOK (+236.0%). Net result +173.9k NOK → -724.7k NOK. Equity -72.8k NOK → 12 NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; fell into a net loss; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A H E HANDEL AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 143.6k NOK to 482.5k NOK (+236.0% YoY). Calculated
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Equity strengthened
Book equity -72.8k NOK → 12 NOK (equity ratio -3.2% → 0.0%). Calculated
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Payroll decreased
Salary cost 263.3k NOK → 2 NOK (183% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +173.9k NOK → -1.08m NOK (op. margin 121.1% → -223.1%). Calculated
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Fell into a net loss
Net result flipped from 173.9k NOK profit to a loss of 724.7k NOK. Calculated
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↓
Cash fell
Bank deposits 487.1k NOK → 7 918 NOK (-98.4% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 120.8k NOK → 420.0k NOK (+247.6% YoY). Calculated