Org.nr 988 635 766 2018 → 2019 Year-over-year analysis

AH DRILLING CONSULTANCY AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2020-08-27; registry 2020-09-05; journal 2020 749218

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AH DRILLING CONSULTANCY AS. Revenue 781.2k NOK → 781.2k NOK (0.0%). Equity 11.04m NOK → 9.73m NOK.

On the constructive side: cash rose. Pressures included: equity eroded; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AH DRILLING CONSULTANCY AS.

At a glance

Revenue

781.2k NOK 781.2k NOK

0.0%

Operating result

n/m -47.1k NOK

—

Net result

n/m -1.31m NOK

—

Equity

11.04m NOK 9.73m NOK

-11.9%

Cash

4 131 NOK 54.4k NOK

+1216.1%

Total assets

11.88m NOK 9.85m NOK

-17.1%

↓
Equity eroded

Book equity 11.04m NOK → 9.73m NOK (equity ratio 93.0% → 98.8%). Calculated
↓
Payroll up without matching revenue

Salary cost 2 NOK → 10.3k NOK (0% → 1% of revenue). Calculated

·
Book investments changed

Investment / intangible book value 5.35m NOK → 4.15m NOK. Reported fact