FirmaIQ
Org.nr 993 595 799 2019 → 2020 Year-over-year analysis

AH GROVA AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-04-14; registry 2021-08-12; journal 2021 608908

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AH GROVA AS. Revenue 1.68m NOK → 1.71m NOK (+1.8%). Net result +648.0k NOK → +872.0k NOK. Equity 3.19m NOK → 3.28m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1.68m NOK 1.71m NOK
+1.8%
Operating result
+974.5k NOK +228.5k NOK
-76.6%
Net result
+648.0k NOK +872.0k NOK
+34.6%
Equity
3.19m NOK 3.28m NOK
+2.9%
Cash
562.3k NOK 354.4k NOK
-37.0%
Total assets
8.38m NOK n/m
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.68m NOK to 1.71m NOK (+1.8% YoY). Calculated

  • ↑

    Net result improved

    Net result +648.0k NOK → +872.0k NOK (net margin 38.6% → 51.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.19m NOK → 3.28m NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +974.5k NOK → +228.5k NOK (op. margin 58.0% → 13.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 562.3k NOK → 354.4k NOK (-37.0% YoY). Calculated