AHG INVEST AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-07-15; registry 2021-10-05; journal 2021 775955
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AHG INVEST AS. Revenue 20.5k NOK → 20.5k NOK (0.0%). Net result -91.8k NOK → -65.0k NOK. Equity 162.0k NOK → 97.0k NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AHG INVEST AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -91.8k NOK → -65.0k NOK (net margin -447.6% → -317.3%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -20.1k NOK → -20.6k NOK (op. margin -97.9% → -100.7%). Calculated
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↓
Equity eroded
Book equity 162.0k NOK → 97.0k NOK (equity ratio 7.5% → 4.6%). Calculated
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↓
Cash fell
Bank deposits 62.0k NOK → 9 884 NOK (-84.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 4.40× → 0.38× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation