FirmaIQ
Org.nr 998 409 209 2018 → 2019 Year-over-year analysis

AEL HUS- OG HAGEFORNYING AS: årsregnskap 2019 vs 2018

Shrank 87% on revenue, stronger earnings

approved 2020-07-31; registry 2020-09-08; journal 2020 774800

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AEL HUS- OG HAGEFORNYING AS. Revenue 1.22m NOK → 159.6k NOK (-87.0%). Net result +41.3k NOK → +113.6k NOK.

On the constructive side: operating result improved; net result improved; current ratio back above 1×. Pressures included: revenue fell; cash fell; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1.22m NOK 159.6k NOK
-87.0%
Operating result
+87.4k NOK +144.0k NOK
+64.8%
Net result
+41.3k NOK +113.6k NOK
+175.2%
Equity
n/m 95.0k NOK
—
Cash
80.8k NOK 54.3k NOK
-32.8%
Total assets
149.5k NOK 125.4k NOK
-16.1%

What improved

  • ↑

    Operating result improved

    Operating result +87.4k NOK → +144.0k NOK (op. margin 7.1% → 90.2%). Calculated

  • ↑

    Net result improved

    Net result +41.3k NOK → +113.6k NOK (net margin 3.4% → 71.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.48× → 1.87×. Calculated

  • ↑

    Payroll decreased

    Salary cost 3.28m NOK → 1 NOK (268% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.22m NOK to 159.6k NOK (-87.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 80.8k NOK → 54.3k NOK (-32.8% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 533.5k NOK → 874.0k NOK (+63.8% YoY). Calculated