A.H. EIENDOMMER AS: årsregnskap 2020 vs 2019
Grew 219% on revenue, weaker earnings, fresh owner capital
approved 2021-10-08; registry 2021-10-30; journal 2021 884491
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A.H. EIENDOMMER AS. Revenue 424.1k NOK → 1.35m NOK (+219.0%). Net result -1.91m NOK → -3.11m NOK. Equity 10.95m NOK → 15.58m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A.H. EIENDOMMER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 424.1k NOK to 1.35m NOK (+219.0% YoY). Calculated
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Equity strengthened
Book equity 10.95m NOK → 15.58m NOK (equity ratio 15.6% → 12.6%). Calculated
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Cash rose
Bank deposits 3.70m NOK → 3.96m NOK (+7.2% YoY). Calculated
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Owners injected capital
Paid-in equity rose 10.48m NOK → 18.54m NOK (+8.06m NOK). Reported fact
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Payroll decreased
Salary cost 2.68m NOK → 285.0k NOK (631% → 21% of revenue). Calculated
What deteriorated
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Operating result weakened
Operating result -2.51m NOK → -4.68m NOK (op. margin -592.7% → -346.1%). Calculated
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Net result weakened
Net result -1.91m NOK → -3.11m NOK (net margin -451.1% → -229.9%). Calculated
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Current ratio dropped below 1×
Current ratio 1.02× → 0.45× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS moved
COGS / varekostnad 85.9k NOK → 99.6k NOK (+15.9% YoY). Calculated