FirmaIQ
Org.nr 815 623 932 2019 → 2020 Year-over-year analysis

AH TAKSTSERVICE AS: årsregnskap 2020 vs 2019

Shrank 17% on revenue, stronger earnings

registry 2021-07-05; journal 2021 531360

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AH TAKSTSERVICE AS. Revenue 326.3k NOK → 271.5k NOK (-16.8%). Net result -78.8k NOK → -61.2k NOK. Equity -48.7k NOK → -109.9k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AH TAKSTSERVICE AS.

At a glance

Scorecard

Revenue
326.3k NOK 271.5k NOK
-16.8%
Operating result
-71.0k NOK -47.4k NOK
+33.2%
Net result
-78.8k NOK -61.2k NOK
+22.3%
Equity
-48.7k NOK -109.9k NOK
-125.7%
Cash
1 832 NOK 8 385 NOK
+357.7%
Total assets
601.3k NOK 515.4k NOK
-14.3%

What improved

  • ↑

    Operating result improved

    Operating result -71.0k NOK → -47.4k NOK (op. margin -21.8% → -17.5%). Calculated

  • ↑

    Net result improved

    Net result -78.8k NOK → -61.2k NOK (net margin -24.1% → -22.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 832 NOK → 8 385 NOK (+357.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 326.3k NOK to 271.5k NOK (-16.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -48.7k NOK → -109.9k NOK (equity ratio -8.1% → -21.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -21.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation