Org.nr 990 688 613 2018 → 2019 Year-over-year analysis

AHLBERG DATA AS: årsregnskap 2019 vs 2018

Returned to profit

approved 2020-09-23; registry 2020-10-05; journal 2020 915565

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AHLBERG DATA AS. Revenue 1.22m NOK → 1.24m NOK (+1.8%). Net result -163.8k NOK → +18.1k NOK. Equity -252.5k NOK → -234.4k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

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

Scorecard

Revenue
1.22m NOK 1.24m NOK
+1.8%
Operating result
-170.2k NOK +17.2k NOK
+110.1%
Net result
-163.8k NOK +18.1k NOK
+111.1%
Equity
-252.5k NOK -234.4k NOK
+7.2%
Cash
70.9k NOK 4.11m NOK
+5703.0%
Total assets
188.5k NOK 158 NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.22m NOK to 1.24m NOK (+1.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -170.2k NOK → +17.2k NOK (op. margin -14.0% → 1.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 163.8k NOK to a profit of 18.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -252.5k NOK → -234.4k NOK (equity ratio -134.0% → -148329.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 70.9k NOK → 4.11m NOK (+5703.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -148329.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 602.1k NOK → 318.8k NOK (-47.1% YoY). Calculated