Org.nr 922 404 402 2019 → 2020 Year-over-year analysis

AHAN AS: årsregnskap 2020 vs 2019

Shrank 85% on revenue, stronger earnings

approved 2021-06-24; registry 2021-06-28; journal 2021 488182

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AHAN AS. Revenue 212.8k NOK → 31.5k NOK (-85.2%). Net result +1 054 NOK → +2.86m NOK. Equity 3.29m NOK → 6.15m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AHAN AS.

Scorecard

Revenue
212.8k NOK 31.5k NOK
-85.2%
Operating result
+186.9k NOK +7 662 NOK
-95.9%
Net result
+1 054 NOK +2.86m NOK
+270950.4%
Equity
3.29m NOK 6.15m NOK
+86.8%
Cash
1 948 NOK 3.82m NOK
+195996.6%
Total assets
3.38m NOK 6.15m NOK
+81.8%

What improved

  • ↑

    Net result improved

    Net result +1 054 NOK → +2.86m NOK (net margin 0.5% → 9069.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.29m NOK → 6.15m NOK (equity ratio 97.3% → 100.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 948 NOK → 3.82m NOK (+195996.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.02× → 42.63×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 212.8k NOK to 31.5k NOK (-85.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +186.9k NOK → +7 662 NOK (op. margin 87.9% → 24.3%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 10.5k NOK → 3.90m NOK. Reported fact