AEL HUS- OG HAGEFORNYING AS: årsregnskap 2020 vs 2019
Grew 760% on revenue, slipped into loss
approved 2021-05-31; registry 2021-06-03; journal 2021 388382
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AEL HUS- OG HAGEFORNYING AS. Revenue 159.6k NOK → 1.37m NOK (+760.4%). Net result +113.6k NOK → -88.0k NOK. Equity 95.0k NOK → 7 020 NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for AEL HUS- OG HAGEFORNYING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 159.6k NOK to 1.37m NOK (+760.4% YoY). Calculated
-
↑
Cash rose
Bank deposits 54.3k NOK → 84.4k NOK (+55.6% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +144.0k NOK → -57.8k NOK (op. margin 90.2% → -4.2%). Calculated
-
↓
Fell into a net loss
Net result flipped from 113.6k NOK profit to a loss of 88.0k NOK. Calculated
-
↓
Equity eroded
Book equity 95.0k NOK → 7 020 NOK (equity ratio 75.8% → 11.0%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.87× → 0.56× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 1 NOK → 12.8k NOK (0% → 1% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 874.0k NOK → 242.9k NOK (-72.2% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 68.7k NOK → 0 NOK. Reported fact