FirmaIQ
Org.nr 987 538 589 2019 → 2020 Year-over-year analysis

AHLQVIST AS: årsregnskap 2020 vs 2019

Shrank 69% on revenue, slipped into loss

approved 2021-03-09; registry 2021-03-11; journal 2021 144693

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AHLQVIST AS. Revenue 1.40m NOK → 432.5k NOK (-69.1%). Net result +169.2k NOK → -209.3k NOK. Equity 1.32m NOK → 930.9k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AHLQVIST AS.

At a glance

Scorecard

Revenue
1.40m NOK 432.5k NOK
-69.1%
Operating result
n/m -170.3k NOK
—
Net result
+169.2k NOK -209.3k NOK
-223.7%
Equity
1.32m NOK 930.9k NOK
-29.2%
Cash
1.37m NOK 957.9k NOK
-30.0%
Total assets
1.58m NOK 1.04m NOK
-34.1%

What improved

  • ↑

    Payroll decreased

    Salary cost 1.78m NOK → 290.4k NOK (127% → 67% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.40m NOK to 432.5k NOK (-69.1% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 169.2k NOK profit to a loss of 209.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.32m NOK → 930.9k NOK (equity ratio 83.4% → 89.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.37m NOK → 957.9k NOK (-30.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 53.4k NOK → 29.4k NOK (-45.0% YoY). Calculated