AHARA AS: årsregnskap 2020 vs 2019
Shrank 45% on revenue, weaker earnings
approved 2021-04-29; registry 2021-05-27; journal 2021 328057
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AHARA AS. Revenue 971.9k NOK → 532.5k NOK (-45.2%). Net result +1.55m NOK → +93.7k NOK. Equity 2.63m NOK → 2.73m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AHARA AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 2.63m NOK → 2.73m NOK (equity ratio 57.3% → 72.8%). Calculated
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↑
Cash rose
Bank deposits 176.9k NOK → 1.48m NOK (+735.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.61× → 9.94×. Calculated
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↑
Payroll decreased
Salary cost 693.1k NOK → 200.0k NOK (71% → 38% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 971.9k NOK to 532.5k NOK (-45.2% YoY). Calculated
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↓
Operating result weakened
Operating result +2.04m NOK → +163.7k NOK (op. margin 209.8% → 30.7%). Calculated
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↓
Net result weakened
Net result +1.55m NOK → +93.7k NOK (net margin 159.7% → 17.6%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 40 NOK → 1.34m NOK. Reported fact