AH AGENTURER AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-08-31; registry 2021-09-29; journal 2021 825996
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AH AGENTURER AS. Revenue 2.11m NOK → 2.10m NOK (-0.4%). Net result +260.7k NOK → +128.4k NOK. Equity 975.3k NOK → 859.8k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AH AGENTURER AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 904.5k NOK → 971.1k NOK (+7.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.15× → 2.17×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.11m NOK to 2.10m NOK (-0.4% YoY). Calculated
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↓
Operating result weakened
Operating result +336.6k NOK → +166.6k NOK (op. margin 16.0% → 7.9%). Calculated
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↓
Net result weakened
Net result +260.7k NOK → +128.4k NOK (net margin 12.4% → 6.1%). Calculated
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↓
Equity eroded
Book equity 975.3k NOK → 859.8k NOK (equity ratio 66.3% → 61.6%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.11m NOK → 1.19m NOK (53% → 57% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 112.4k NOK → 53.8k NOK. Reported fact