AHD AS: årsregnskap 2020 vs 2019
Shrank 86% on revenue, weaker earnings
approved 2021-08-09; registry 2021-09-13; journal 2021 701627
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AHD AS. Revenue 13.92m NOK → 1.98m NOK (-85.8%). Net result +2.31m NOK → +716.2k NOK. Equity 6.38m NOK → 7.10m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AHD AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 6.38m NOK → 7.10m NOK (equity ratio 53.8% → 52.8%). Calculated
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↑
Payroll decreased
Salary cost 2 019 NOK → -112.5k NOK (0% → -6% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 13.92m NOK to 1.98m NOK (-85.8% YoY). Calculated
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↓
Operating result weakened
Operating result +3.07m NOK → +936.7k NOK (op. margin 22.0% → 47.4%). Calculated
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↓
Net result weakened
Net result +2.31m NOK → +716.2k NOK (net margin 16.6% → 36.3%). Calculated
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↓
Cash fell
Bank deposits 293.9k NOK → 246.9k NOK (-16.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 7.40m NOK → 1.76m NOK (-76.2% YoY). Calculated