AHL SHIPPING AS: årsregnskap 2019 vs 2018
Shrank 61% on revenue, weaker earnings
approved 2020-08-31; registry 2020-09-22; journal 2020 845720
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AHL SHIPPING AS. Revenue 539.2k NOK → 209.9k NOK (-61.1%). Net result +383.9k NOK → +122.3k NOK. Equity 4.92m NOK → 5.05m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 4.92m NOK → 5.05m NOK (equity ratio 51.3% → 53.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 539.2k NOK to 209.9k NOK (-61.1% YoY). Calculated
-
↓
Net result weakened
Net result +383.9k NOK → +122.3k NOK (net margin 71.2% → 58.3%). Calculated
-
↓
Cash fell
Bank deposits 2.17m NOK → 1.90m NOK (-12.2% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 68.2k NOK → 95.0k NOK (13% → 45% of revenue). Calculated