Org.nr 988 660 973 2019 → 2020 Year-over-year analysis

AH GRUPPEN AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-09-28; registry 2021-11-18; journal 2021 898192

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AH GRUPPEN AS. Net result +15.29m NOK → +5.78m NOK. Equity 477.78m NOK → 473.84m NOK.

On the constructive side: operating result improved; cash rose; payroll decreased. Pressures included: net result weakened; equity eroded.

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

At a glance

Revenue

n/m 16.0k NOK

—

Operating result

-4.35m NOK -2.32m NOK

+46.7%

Net result

+15.29m NOK +5.78m NOK

-62.2%

Equity

477.78m NOK 473.84m NOK

-0.8%

Cash

20.49m NOK 29.80m NOK

+45.4%

Total assets

512.72m NOK 583.62m NOK

+13.8%

↑
Operating result improved

Operating result -4.35m NOK → -2.32m NOK. Calculated
↑
Cash rose

Bank deposits 20.49m NOK → 29.80m NOK (+45.4% YoY). Calculated
↑
Payroll decreased

Salary cost 2.87m NOK → 1.24m NOK. Calculated

↓
Net result weakened

Net result +15.29m NOK → +5.78m NOK. Calculated
↓
Equity eroded

Book equity 477.78m NOK → 473.84m NOK (equity ratio 93.2% → 81.2%). Calculated

·
Book investments changed

Investment / intangible book value 60.03m NOK → 71.16m NOK. Reported fact