Org.nr 921 012 365 2019 → 2020 Year-over-year analysis

AHA EIENDOM OG BOLIGUTVIKLING AS: årsregnskap 2020 vs 2019

Shrank 100% on revenue, slipped into loss

approved 2021-08-18; registry 2021-08-23; journal 2021 668160

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AHA EIENDOM OG BOLIGUTVIKLING AS. Revenue 4.85m NOK → 0 NOK (-100.0%). Net result +100.9k NOK → -57.4k NOK. Equity 102.5k NOK → 45.0k NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AHA EIENDOM OG BOLIGUTVIKLING AS.

Scorecard

Revenue
4.85m NOK 0 NOK
-100.0%
Operating result
+248.8k NOK -64.7k NOK
-126.0%
Net result
+100.9k NOK -57.4k NOK
-156.9%
Equity
102.5k NOK 45.0k NOK
-56.0%
Cash
22.0k NOK 22.0k NOK
0.0%
Total assets
2.65m NOK 2.56m NOK
-3.5%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.51× → 4.08×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.85m NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +248.8k NOK → -64.7k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 100.9k NOK profit to a loss of 57.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 102.5k NOK → 45.0k NOK (equity ratio 3.9% → 1.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation