FirmaIQ
Org.nr 912 897 850 2019 → 2020 Year-over-year analysis

A HØIBO AS: årsregnskap 2020 vs 2019

Shrank 13% on revenue

approved 2021-03-11; registry 2021-03-18; journal 2021 155807

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A HØIBO AS. Revenue 30.79m NOK → 26.90m NOK (-12.6%). Net result +1.09m NOK → +1.01m NOK. Equity 16.54m NOK → 17.56m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A HØIBO AS.

At a glance

Scorecard

Revenue
30.79m NOK 26.90m NOK
-12.6%
Operating result
n/m +1.24m NOK
—
Net result
+1.09m NOK +1.01m NOK
-7.1%
Equity
16.54m NOK 17.56m NOK
+6.1%
Cash
15.33m NOK 14.45m NOK
-5.8%
Total assets
23.52m NOK 21.25m NOK
-9.6%

What improved

  • ↑

    Equity strengthened

    Book equity 16.54m NOK → 17.56m NOK (equity ratio 70.3% → 82.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.30m NOK → 3.98m NOK (14% → 15% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 30.79m NOK to 26.90m NOK (-12.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +1.09m NOK → +1.01m NOK (net margin 3.5% → 3.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 15.33m NOK → 14.45m NOK (-5.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 21.35m NOK → 18.31m NOK (-14.2% YoY). Calculated