AH VOLL AS: årsregnskap 2020 vs 2019
Grew 96% on revenue, stronger earnings, cash halved-plus
approved 2021-08-20; registry 2021-09-02; journal 2021 709944
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AH VOLL AS. Revenue 97.1k NOK → 190.1k NOK (+95.7%). Net result -102.3k NOK → -29.9k NOK. Equity -113.8k NOK → -143.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AH VOLL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 97.1k NOK to 190.1k NOK (+95.7% YoY). Calculated
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↑
Operating result improved
Operating result -100.5k NOK → -29.5k NOK (op. margin -103.5% → -15.5%). Calculated
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↑
Net result improved
Net result -102.3k NOK → -29.9k NOK (net margin -105.3% → -15.7%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -113.8k NOK → -143.7k NOK (equity ratio -48.2% → -162.2%). Calculated
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↓
Cash fell
Bank deposits 4 918 NOK → 790 NOK (-83.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -162.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 81.3k NOK → 188.4k NOK (+131.7% YoY). Calculated