AHA - Arkitektene Hilde og Andersen AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-03-02; registry 2020-03-05; journal 2020 228861
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AHA - Arkitektene Hilde og Andersen AS. Revenue 2.76m NOK → 2.66m NOK (-3.9%). Equity 29.46m NOK → 26.19m NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AHA - Arkitektene Hilde og Andersen AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +7 147 NOK → +873.2k NOK (op. margin 0.3% → 32.9%). Calculated
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↑
Payroll decreased
Salary cost 1.66m NOK → 1.65m NOK (60% → 62% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.76m NOK to 2.66m NOK (-3.9% YoY). Calculated
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↓
Equity eroded
Book equity 29.46m NOK → 26.19m NOK (equity ratio 92.7% → 87.5%). Calculated
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↓
Cash fell
Bank deposits 8.38m NOK → 1.95m NOK (-76.7% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (8.38m NOK → 1.95m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 23.11m NOK → 23.57m NOK. Reported fact