AHN RENHOLDSERVICE AS: årsregnskap 2019 vs 2018
Shrank 13% on revenue, weaker earnings
approved 2020-08-26; registry 2020-09-21; journal 2020 841086
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AHN RENHOLDSERVICE AS. Revenue 1.08m NOK → 936.1k NOK (-13.1%). Net result +146.4k NOK → +75.1k NOK. Equity 86.1k NOK → 155.8k NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AHN RENHOLDSERVICE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 86.1k NOK → 155.8k NOK (equity ratio 15.2% → 27.8%). Calculated
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↑
Cash rose
Bank deposits 200.8k NOK → 285.8k NOK (+42.3% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.74× → 1.17×. Calculated
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Payroll decreased
Salary cost 741.9k NOK → 243.0k NOK (69% → 26% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.08m NOK to 936.1k NOK (-13.1% YoY). Calculated
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↓
Operating result weakened
Operating result +174.1k NOK → +112.5k NOK (op. margin 16.2% → 12.0%). Calculated
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↓
Net result weakened
Net result +146.4k NOK → +75.1k NOK (net margin 13.6% → 8.0%). Calculated
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↓
COGS moved
COGS / varekostnad 108.1k NOK → 139.8k NOK (+29.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 134.9k NOK → 73.0k NOK. Reported fact