Org.nr 996 229 319 2018 → 2019 Year-over-year analysis

AH UTVIKLING AS: årsregnskap 2019 vs 2018

Grew 1378% on revenue

approved 2020-09-23; registry 2020-09-29; journal 2020 876683

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AH UTVIKLING AS. Revenue 1.05m NOK → 15.53m NOK (+1378.1%). Equity -157.3k NOK → -2.10m NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AH UTVIKLING AS.

Scorecard

Revenue
1.05m NOK 15.53m NOK
+1378.1%
Operating result
n/m -874.0k NOK
—
Net result
n/m -1.95m NOK
—
Equity
-157.3k NOK -2.10m NOK
-1236.5%
Cash
210.6k NOK 293.2k NOK
+39.2%
Total assets
14.44m NOK 16.00m NOK
+10.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.05m NOK to 15.53m NOK (+1378.1% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 210.6k NOK → 293.2k NOK (+39.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.05× → 5.13×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -157.3k NOK → -2.10m NOK (equity ratio -1.1% → -13.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -13.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 1.97m NOK → 15.90m NOK (+707.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 12.0k NOK → 552.0k NOK. Reported fact