Org.nr 921 127 472 2018 → 2019 Year-over-year analysis

A. HOAAS HOLDING AS: årsregnskap 2019 vs 2018

Slipped into loss

approved 2020-06-30; registry 2020-07-21; journal 2020 594930

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for A. HOAAS HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +3 783 NOK → -10.2k NOK. Equity 20.6k NOK → 10.5k NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. HOAAS HOLDING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+3 789 NOK -10.2k NOK
-369.1%
Net result
+3 783 NOK -10.2k NOK
-369.4%
Equity
20.6k NOK 10.5k NOK
-49.4%
Cash
20.6k NOK 10.5k NOK
-49.4%
Total assets
620.6k NOK 610.5k NOK
-1.6%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +3 789 NOK → -10.2k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 3 783 NOK profit to a loss of 10.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 20.6k NOK → 10.5k NOK (equity ratio 3.3% → 1.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 20.6k NOK → 10.5k NOK (-49.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation