AHEAD CONSULTING AS: årsregnskap 2020 vs 2019
Shrank 8% on revenue, stronger earnings
approved 2021-08-14; registry 2021-08-23; journal 2021 668410
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AHEAD CONSULTING AS. Revenue 3.29m NOK → 3.04m NOK (-7.9%). Net result 0 NOK → +206.7k NOK. Equity 35.1k NOK → 1.24m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AHEAD CONSULTING AS.
At a glance
Scorecard
What improved
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Net result improved
Net result 0 NOK → +206.7k NOK (net margin 0.0% → 6.8%). Calculated
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Equity strengthened
Book equity 35.1k NOK → 1.24m NOK (equity ratio 3.0% → 66.5%). Calculated
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Cash rose
Bank deposits 688.4k NOK → 1.33m NOK (+93.5% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.84× → 1.00×. Calculated
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Payroll decreased
Salary cost 2.29m NOK → 1.69m NOK (70% → 56% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.29m NOK to 3.04m NOK (-7.9% YoY). Calculated
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↓
Operating result weakened
Operating result +631.2k NOK → +24.6k NOK (op. margin 19.2% → 0.8%). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 211.1k NOK → 240.0k NOK. Reported fact