Org.nr 979 391 730 2019 → 2020 Year-over-year analysis

AHC SOLVANG UTVIKLING AS: årsregnskap 2020 vs 2019

Shrank 99% on revenue, slipped into loss, cash halved-plus

approved 2021-05-28; registry 2021-06-22; journal 2021 375958

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AHC SOLVANG UTVIKLING AS. Revenue 31.45m NOK → 274.9k NOK (-99.1%). Net result +4.66m NOK → -2.17m NOK. Equity 7.74m NOK → 5.57m NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for AHC SOLVANG UTVIKLING AS.

Scorecard

Revenue
31.45m NOK 274.9k NOK
-99.1%
Operating result
+6.91m NOK -2.63m NOK
-138.1%
Net result
+4.66m NOK -2.17m NOK
-146.6%
Equity
7.74m NOK 5.57m NOK
-28.1%
Cash
7.07m NOK 860.9k NOK
-87.8%
Total assets
17.43m NOK 19.68m NOK
+12.9%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 10.2k NOK → 150.0k NOK (+139.8k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 31.45m NOK to 274.9k NOK (-99.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6.91m NOK → -2.63m NOK (op. margin 22.0% → -957.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 4.66m NOK profit to a loss of 2.17m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 7.74m NOK → 5.57m NOK (equity ratio 44.4% → 28.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.07m NOK → 860.9k NOK (-87.8% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (7.07m NOK → 860.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 20.64m NOK → 42.6k NOK (-99.8% YoY). Calculated