AH TAKSTSERVICE AS: årsregnskap 2019 vs 2018
Grew 30% on revenue, cash halved-plus
approved 2020-06-30; registry 2020-07-20; journal 2020 607207
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AH TAKSTSERVICE AS. Revenue 251.3k NOK → 326.3k NOK (+29.8%). Equity 30.1k NOK → -48.7k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AH TAKSTSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 251.3k NOK to 326.3k NOK (+29.8% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 30.1k NOK → -48.7k NOK (equity ratio 15.9% → -8.1%). Calculated
-
↓
Cash fell
Bank deposits 8 929 NOK → 1 832 NOK (-79.5% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.06× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -8.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 11.6k NOK → 44.4k NOK (+284.1% YoY). Calculated