AHH HOLDING AS: årsregnskap 2020 vs 2019
Grew 17% on revenue, stronger earnings, cash halved-plus
approved 2021-08-30; registry 2021-09-16; journal 2021 714294
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AHH HOLDING AS. Revenue 150.0k NOK → 176.2k NOK (+17.5%). Net result +5.70m NOK → +7.09m NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AHH HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 150.0k NOK to 176.2k NOK (+17.5% YoY). Calculated
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↑
Net result improved
Net result +5.70m NOK → +7.09m NOK (net margin 3801.3% → 4022.3%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -13.6k NOK → -131.6k NOK (op. margin -9.0% → -74.7%). Calculated
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↓
Cash fell
Bank deposits 6.59m NOK → 524.3k NOK (-92.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (6.59m NOK → 524.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 20.84m NOK → 25.75m NOK. Reported fact