AH UTVIKLING AS: årsregnskap 2020 vs 2019
Shrank 11% on revenue, returned to profit
approved 2021-05-07; registry 2021-08-21; journal 2021 634398
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AH UTVIKLING AS. Revenue 15.53m NOK → 13.79m NOK (-11.2%). Net result -1.95m NOK → +4.54m NOK. Equity -2.10m NOK → 2.43m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AH UTVIKLING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -874.0k NOK → +43.3k NOK (op. margin -5.6% → 0.3%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 1.95m NOK to a profit of 4.54m NOK. Calculated
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↑
Equity strengthened
Book equity -2.10m NOK → 2.43m NOK (equity ratio -13.1% → 24.1%). Calculated
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↑
Cash rose
Bank deposits 293.2k NOK → 395.8k NOK (+35.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 15.53m NOK to 13.79m NOK (-11.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 15.90m NOK → 8.09m NOK (-49.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 552.0k NOK → 222.0k NOK. Reported fact