AH NOER AS: årsregnskap 2020 vs 2019
Grew 51% on revenue, returned to profit
approved 2021-07-21; registry 2021-07-24; journal 2021 587636
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AH NOER AS. Revenue 117.7k NOK → 178.0k NOK (+51.3%). Net result -788.0k NOK → +124.0k NOK. Equity 1.60m NOK → 1.72m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AH NOER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 117.7k NOK to 178.0k NOK (+51.3% YoY). Calculated
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Operating result improved
Operating result -845.1k NOK → +198.9k NOK (op. margin -718.2% → 111.7%). Calculated
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Turned profitable
Net result flipped from a loss of 788.0k NOK to a profit of 124.0k NOK. Calculated
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Equity strengthened
Book equity 1.60m NOK → 1.72m NOK (equity ratio 78.4% → 76.0%). Calculated
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Cash rose
Bank deposits 2.03m NOK → 2.26m NOK (+11.1% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 3 NOK → 832.8k NOK (0% → 468% of revenue). Calculated