AHB INVEST AS: årsregnskap 2020 vs 2019
Shrank 53% on revenue, weaker earnings
approved 2021-08-20; registry 2021-09-04; journal 2021 670536
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AHB INVEST AS. Revenue 959.7k NOK → 450.8k NOK (-53.0%). Net result +6.67m NOK → +4.71m NOK.
On the constructive side: payroll decreased. 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 AHB INVEST AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 489.3k NOK → 293.6k NOK (51% → 65% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 959.7k NOK to 450.8k NOK (-53.0% YoY). Calculated
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↓
Operating result weakened
Operating result +121.1k NOK → -450.0k NOK (op. margin 12.6% → -99.8%). Calculated
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↓
Net result weakened
Net result +6.67m NOK → +4.71m NOK (net margin 695.0% → 1045.6%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 38.33m NOK → 39.95m NOK. Reported fact