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Org.nr 921 501 811 2019 → 2020 Year-over-year analysis

AHIK EIENDOM AS: årsregnskap 2020 vs 2019

Shrank 87% on revenue, slipped into loss, cash halved-plus

approved 2021-08-25; registry 2021-09-16; journal 2021 761795

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AHIK EIENDOM AS. Revenue 315.5k NOK → 42.2k NOK (-86.6%). Net result +36.8k NOK → -45.1k NOK. Equity 66.8k NOK → 21.7k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AHIK EIENDOM AS.

At a glance

Scorecard

Revenue
315.5k NOK 42.2k NOK
-86.6%
Operating result
+47.2k NOK -45.1k NOK
-195.5%
Net result
+36.8k NOK -45.1k NOK
-222.4%
Equity
66.8k NOK 21.7k NOK
-67.5%
Cash
150.2k NOK 62.7k NOK
-58.2%
Total assets
152.7k NOK 237.7k NOK
+55.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 315.5k NOK to 42.2k NOK (-86.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +47.2k NOK → -45.1k NOK (op. margin 15.0% → -106.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 36.8k NOK profit to a loss of 45.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 66.8k NOK → 21.7k NOK (equity ratio 43.8% → 9.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 150.2k NOK → 62.7k NOK (-58.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 208.2k NOK → 69.6k NOK (-66.6% YoY). Calculated