AH BYGG AUESTAD & HÅLAND AS: årsregnskap 2019 vs 2018
Shrank 20% on revenue, stronger earnings
approved 2020-08-31; registry 2020-09-14; journal 2020 807729
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AH BYGG AUESTAD & HÅLAND AS. Revenue 46.28m NOK → 37.10m NOK (-19.8%). Net result +1.32m NOK → +2.07m NOK. Equity 7.61m NOK → 7.68m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AH BYGG AUESTAD & HÅLAND AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +1.32m NOK → +2.07m NOK (net margin 2.9% → 5.6%). Calculated
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Equity strengthened
Book equity 7.61m NOK → 7.68m NOK (equity ratio 41.4% → 40.1%). Calculated
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Cash rose
Bank deposits 7.54m NOK → 8.76m NOK (+16.2% YoY). Calculated
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Payroll decreased
Salary cost 15.51m NOK → 12.88m NOK (34% → 35% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 46.28m NOK to 37.10m NOK (-19.8% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 24.01m NOK → 16.60m NOK (-30.9% YoY). Calculated
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Book investments changed
Investment / intangible book value 21.0k NOK → 11.0k NOK. Reported fact