FirmaIQ
Org.nr 997 877 098 2020 → 2021 Year-over-year analysis

AHMAD HARMOUCH AS: årsregnskap 2021 vs 2020

Shrank 15% on revenue, slipped into loss

approved 2022-03-07; registry 2022-03-24; journal 2022 160383

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AHMAD HARMOUCH AS. Revenue 80.79m NOK → 68.52m NOK (-15.2%). Net result +1.42m NOK → -282.4k NOK. Equity 1.39m NOK → 1.11m NOK.

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

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

At a glance

Scorecard

Revenue
80.79m NOK 68.52m NOK
-15.2%
Operating result
+1.80m NOK -348.2k NOK
-119.3%
Net result
+1.42m NOK -282.4k NOK
-119.9%
Equity
1.39m NOK 1.11m NOK
-20.3%
Cash
3.74m NOK 2.29m NOK
-38.7%
Total assets
9.26m NOK 6.28m NOK
-32.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 80.79m NOK to 68.52m NOK (-15.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.80m NOK → -348.2k NOK (op. margin 2.2% → -0.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.42m NOK profit to a loss of 282.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.39m NOK → 1.11m NOK (equity ratio 15.0% → 17.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.74m NOK → 2.29m NOK (-38.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 67.63m NOK → 58.01m NOK (-14.2% YoY). Calculated