FirmaIQ
Org.nr 890 877 672 2018 → 2019 Year-over-year analysis

AHEAD V AS: årsregnskap 2019 vs 2018

Shrank 12% on revenue, weaker earnings, cash halved-plus

approved 2020-05-15; registry 2020-09-15; journal 2020 819147

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AHEAD V AS. Revenue 1.67m NOK → 1.47m NOK (-12.4%). Net result +676.5k NOK → +228.7k NOK. Equity 3.18m NOK → 3.31m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.67m NOK 1.47m NOK
-12.4%
Operating result
+991.4k NOK +669.0k NOK
-32.5%
Net result
+676.5k NOK +228.7k NOK
-66.2%
Equity
3.18m NOK 3.31m NOK
+4.0%
Cash
765.0k NOK 124.0k NOK
-83.8%
Total assets
13.37m NOK 13.00m NOK
-2.7%

What improved

  • ↑

    Equity strengthened

    Book equity 3.18m NOK → 3.31m NOK (equity ratio 23.8% → 25.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.67m NOK to 1.47m NOK (-12.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +991.4k NOK → +669.0k NOK (op. margin 59.3% → 45.6%). Calculated

  • ↓

    Net result weakened

    Net result +676.5k NOK → +228.7k NOK (net margin 40.4% → 15.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 765.0k NOK → 124.0k NOK (-83.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 441.4k NOK → 454.2k NOK (26% → 31% of revenue). Calculated