A&H EIENDOMSUTVIKLING AS: årsregnskap 2019 vs 2018
Shrank 14% on revenue, stronger earnings
approved 2020-06-30; registry 2020-07-13; journal 2020 567375
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A&H EIENDOMSUTVIKLING AS. Revenue 888.7k NOK → 760.6k NOK (-14.4%). Net result +3 NOK → +3.10m NOK. Equity 6.81m NOK → 9.80m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for A&H EIENDOMSUTVIKLING AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +3 NOK → +3.10m NOK (net margin 0.0% → 407.4%). Calculated
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Equity strengthened
Book equity 6.81m NOK → 9.80m NOK (equity ratio 37.9% → 30.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 888.7k NOK to 760.6k NOK (-14.4% YoY). Calculated
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↓
Cash fell
Bank deposits 290.3k NOK → 257.8k NOK (-11.2% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 18.3k NOK → 60.2k NOK (2% → 8% of revenue). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 225.0k NOK → 255 NOK — check capital reduction, conversion, or reclassification. Interpretation