AHN MANAGEMENT AS: årsregnskap 2019 vs 2018
Shrank 57% on revenue, weaker earnings
approved 2020-08-26; registry 2020-10-05; journal 2020 910257
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AHN MANAGEMENT AS. Revenue 521.6k NOK → 222.5k NOK (-57.3%). Net result -13.9k NOK → -814.5k NOK. Equity -3.39m NOK → -4.21m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AHN MANAGEMENT AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 521.6k NOK to 222.5k NOK (-57.3% YoY). Calculated
-
↓
Operating result weakened
Operating result -13.9k NOK → -123.4k NOK (op. margin -2.7% → -55.5%). Calculated
-
↓
Net result weakened
Net result -13.9k NOK → -814.5k NOK (net margin -2.7% → -366.1%). Calculated
-
↓
Equity eroded
Book equity -3.39m NOK → -4.21m NOK (equity ratio -365.4% → -60134.8%). Calculated
-
↓
Cash fell
Bank deposits 6 820 NOK → 4 440 NOK (-34.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -60134.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation