FirmaIQ
Org.nr 974 425 246 2019 → 2020 Year-over-year analysis

AH BYGG AUESTAD & HÅLAND AS: årsregnskap 2020 vs 2019

Shrank 22% on revenue, weaker earnings

approved 2021-04-16; registry 2021-07-27; journal 2021 542847

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AH BYGG AUESTAD & HÅLAND AS. Revenue 37.10m NOK → 29.00m NOK (-21.8%). Net result +2.07m NOK → +1.40m NOK. Equity 7.68m NOK → 4.57m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AH BYGG AUESTAD & HÅLAND AS.

At a glance

Scorecard

Revenue
37.10m NOK 29.00m NOK
-21.8%
Operating result
+2.68m NOK +1.81m NOK
-32.3%
Net result
+2.07m NOK +1.40m NOK
-32.6%
Equity
7.68m NOK 4.57m NOK
-40.4%
Cash
8.76m NOK 4.73m NOK
-46.0%
Total assets
19.15m NOK 10.75m NOK
-43.9%

What improved

  • ↑

    Payroll decreased

    Salary cost 12.88m NOK → 10.81m NOK (35% → 37% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 37.10m NOK to 29.00m NOK (-21.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.68m NOK → +1.81m NOK (op. margin 7.2% → 6.3%). Calculated

  • ↓

    Net result weakened

    Net result +2.07m NOK → +1.40m NOK (net margin 5.6% → 4.8%). Calculated

  • ↓

    Equity eroded

    Book equity 7.68m NOK → 4.57m NOK (equity ratio 40.1% → 42.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 8.76m NOK → 4.73m NOK (-46.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 16.60m NOK → 13.54m NOK (-18.4% YoY). Calculated