FirmaIQ
Org.nr 993 595 799 2018 → 2019 Year-over-year analysis

AH GROVA AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-05-13; registry 2020-06-22; journal 2020 470820

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AH GROVA AS. Revenue 1.63m NOK → 1.68m NOK (+3.1%). Net result +816.0k NOK → +648.0k NOK. Equity 2.93m NOK → 3.19m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: net result weakened; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1.63m NOK 1.68m NOK
+3.1%
Operating result
n/m +974.5k NOK
—
Net result
+816.0k NOK +648.0k NOK
-20.6%
Equity
2.93m NOK 3.19m NOK
+8.8%
Cash
686.9k NOK 562.3k NOK
-18.1%
Total assets
13.27m NOK 8.38m NOK
-36.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.63m NOK to 1.68m NOK (+3.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.93m NOK → 3.19m NOK (equity ratio 22.1% → 38.0%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.14× → 1.44×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +816.0k NOK → +648.0k NOK (net margin 50.1% → 38.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 686.9k NOK → 562.3k NOK (-18.1% YoY). Calculated