FirmaIQ
Org.nr 997 877 098 2019 → 2020 Year-over-year analysis

AHMAD HARMOUCH AS: årsregnskap 2020 vs 2019

Grew 39% on revenue, stronger earnings

approved 2021-03-01; registry 2021-03-18; journal 2021 153247

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AHMAD HARMOUCH AS. Revenue 58.01m NOK → 80.79m NOK (+39.3%). Net result +503.1k NOK → +1.42m NOK. Equity 1.05m NOK → 1.39m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AHMAD HARMOUCH AS.

At a glance

Scorecard

Revenue
58.01m NOK 80.79m NOK
+39.3%
Operating result
+617.0k NOK +1.80m NOK
+191.7%
Net result
+503.1k NOK +1.42m NOK
+182.0%
Equity
1.05m NOK 1.39m NOK
+32.2%
Cash
2.95m NOK 3.74m NOK
+27.0%
Total assets
7.01m NOK 9.26m NOK
+32.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 58.01m NOK to 80.79m NOK (+39.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +617.0k NOK → +1.80m NOK (op. margin 1.1% → 2.2%). Calculated

  • ↑

    Net result improved

    Net result +503.1k NOK → +1.42m NOK (net margin 0.9% → 1.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.05m NOK → 1.39m NOK (equity ratio 15.0% → 15.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.95m NOK → 3.74m NOK (+27.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 48.57m NOK → 67.63m NOK (+39.2% YoY). Calculated