Org.nr 989 388 061 2019 → 2020 Year-over-year analysis

A. HOKHOLT ARKITEKTER AS: årsregnskap 2020 vs 2019

Shrank 18% on revenue, cash halved-plus

approved 2021-02-19; registry 2021-03-08; journal 2021 140561

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A. HOKHOLT ARKITEKTER AS. Revenue 3.07m NOK → 2.52m NOK (-17.8%). Equity 12.5k NOK → 12.13m NOK.

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

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

At a glance

Revenue

3.07m NOK 2.52m NOK

-17.8%

Operating result

n/m +133.7k NOK

—

Net result

n/m +119.4k NOK

—

Equity

12.5k NOK 12.13m NOK

+96962.7%

Cash

636.2k NOK 127.5k NOK

-80.0%

Total assets

1.31m NOK 855.1k NOK

-34.8%

↑
Equity strengthened

Book equity 12.5k NOK → 12.13m NOK (equity ratio 1.0% → 1418.8%). Calculated
↑
Current ratio back above 1×

Current ratio 0.97× → 1.62×. Calculated

↓
Revenue fell

Operating income / revenue moved from 3.07m NOK to 2.52m NOK (-17.8% YoY). Calculated
↓
Cash fell

Bank deposits 636.2k NOK → 127.5k NOK (-80.0% YoY). Calculated

·
COGS fell

COGS / varekostnad 853.4k NOK → 263.2k NOK (-69.2% YoY). Calculated