FirmaIQ
Org.nr 963 544 731 2018 → 2019 Year-over-year analysis

A. HANSEN GRUPPEN AS: årsregnskap 2019 vs 2018

Grew 13% on revenue, cash halved-plus

approved 2020-03-16; registry 2020-04-04; journal 2020 274378

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A. HANSEN GRUPPEN AS. Revenue 131.13m NOK → 148.07m NOK (+12.9%). Equity 16.08m NOK → 18.60m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for A. HANSEN GRUPPEN AS.

At a glance

Scorecard

Revenue
131.13m NOK 148.07m NOK
+12.9%
Operating result
n/m +6.83m NOK
—
Net result
n/m +4.52m NOK
—
Equity
16.08m NOK 18.60m NOK
+15.6%
Cash
6.68m NOK 1.80m NOK
-73.1%
Total assets
66.39m NOK 51.22m NOK
-22.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 131.13m NOK to 148.07m NOK (+12.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 16.08m NOK → 18.60m NOK (equity ratio 24.2% → 36.3%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.95× → 1.42×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 6.68m NOK → 1.80m NOK (-73.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (6.68m NOK → 1.80m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 43.01m NOK → 48.59m NOK (33% → 33% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 68.38m NOK → 76.19m NOK (+11.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 17.73m NOK → 1.87m NOK. Reported fact