AH CLASSIC CARS AS: årsregnskap 2020 vs 2019
Shrank 58% on revenue, fresh owner capital
approved 2021-05-31; registry 2021-06-22; journal 2021 381472
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AH CLASSIC CARS AS. Revenue 310.9k NOK → 131.6k NOK (-57.7%). Net result -1.71m NOK → -2.00m NOK. Equity 11.15m NOK → 19.15m NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 11.15m NOK → 19.15m NOK (equity ratio 95.2% → 95.9%). Calculated
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↑
Cash rose
Bank deposits 492.2k NOK → 4.78m NOK (+871.3% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 11.15m NOK → 19.15m NOK (+8.00m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 310.9k NOK to 131.6k NOK (-57.7% YoY). Calculated
-
↓
Operating result weakened
Operating result -1.66m NOK → -1.94m NOK (op. margin -533.8% → -1474.8%). Calculated
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↓
Net result weakened
Net result -1.71m NOK → -2.00m NOK (net margin -549.4% → -1522.1%). Calculated
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↓
COGS moved
COGS / varekostnad 197.1k NOK → 218.4k NOK (+10.8% YoY). Calculated