AHE HELSE AS: årsregnskap 2020 vs 2019
Slipped into loss, cash halved-plus
approved 2021-08-31; registry 2021-10-30; journal 2021 885384
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AHE HELSE AS. Revenue 513.1k NOK → 495.0k NOK (-3.5%). Net result +1.44m NOK → -1.61m NOK. Equity 2.47m NOK → 854.1k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AHE HELSE AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 19.4k NOK → 11.6k NOK (4% → 2% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 513.1k NOK to 495.0k NOK (-3.5% YoY). Calculated
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↓
Operating result weakened
Operating result +112.1k NOK → +20.5k NOK (op. margin 21.9% → 4.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 1.44m NOK profit to a loss of 1.61m NOK. Calculated
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↓
Equity eroded
Book equity 2.47m NOK → 854.1k NOK (equity ratio 92.0% → 91.9%). Calculated
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↓
Cash fell
Bank deposits 952.8k NOK → 250.1k NOK (-73.7% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 605.2k NOK → 101.5k NOK. Reported fact