FirmaIQ
Org.nr 963 544 731 2019 → 2020 Year-over-year analysis

A. HANSEN GRUPPEN AS: årsregnskap 2020 vs 2019

Shrank 7% on revenue, slipped into loss

approved 2021-06-30; registry 2021-10-07; journal 2021 782951

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A. HANSEN GRUPPEN AS. Revenue 148.07m NOK → 137.09m NOK (-7.4%). Net result +4.52m NOK → -5.21m NOK. Equity 18.60m NOK → 13.39m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. HANSEN GRUPPEN AS.

At a glance

Scorecard

Revenue
148.07m NOK 137.09m NOK
-7.4%
Operating result
+6.83m NOK -6.44m NOK
-194.3%
Net result
+4.52m NOK -5.21m NOK
-215.2%
Equity
18.60m NOK 13.39m NOK
-28.0%
Cash
1.80m NOK 6.76m NOK
+276.6%
Total assets
51.22m NOK 41.10m NOK
-19.8%

What improved

  • ↑

    Cash rose

    Bank deposits 1.80m NOK → 6.76m NOK (+276.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 48.59m NOK → 45.73m NOK (33% → 33% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 148.07m NOK to 137.09m NOK (-7.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6.83m NOK → -6.44m NOK (op. margin 4.6% → -4.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 4.52m NOK profit to a loss of 5.21m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 18.60m NOK → 13.39m NOK (equity ratio 36.3% → 32.6%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 76.19m NOK → 81.43m NOK (+6.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.87m NOK → 889.0k NOK. Reported fact