FirmaIQ
Org.nr 885 856 772 2018 → 2019 Year-over-year analysis

AH NOER AS: årsregnskap 2019 vs 2018

Shrank 70% on revenue, slipped into loss

approved 2020-07-21; registry 2020-07-30; journal 2020 630964

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AH NOER AS. Revenue 396.7k NOK → 117.7k NOK (-70.3%). Net result +480.0k NOK → -788.0k NOK. Equity 2.39m NOK → 1.60m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
396.7k NOK 117.7k NOK
-70.3%
Operating result
+466.0k NOK -845.1k NOK
-281.4%
Net result
+480.0k NOK -788.0k NOK
-264.2%
Equity
2.39m NOK 1.60m NOK
-33.0%
Cash
2.89m NOK 2.03m NOK
-29.5%
Total assets
2.89m NOK 2.04m NOK
-29.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 833.2k NOK → 3 NOK (210% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 396.7k NOK to 117.7k NOK (-70.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +466.0k NOK → -845.1k NOK (op. margin 117.5% → -718.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 480.0k NOK profit to a loss of 788.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.39m NOK → 1.60m NOK (equity ratio 82.7% → 78.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.89m NOK → 2.03m NOK (-29.5% YoY). Calculated