Org.nr 989 189 514 2019 → 2020 Year-over-year analysis

AHO INVEST AS: årsregnskap 2020 vs 2019

Grew 26% on revenue, stronger earnings

approved 2021-08-30; registry 2021-09-30; journal 2021 755534

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AHO INVEST AS. Revenue 47.5k NOK → 60.0k NOK (+26.3%). Net result +2.16m NOK → +31.29m NOK. Equity 79.23m NOK → 110.52m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AHO INVEST AS.

Scorecard

Revenue
47.5k NOK 60.0k NOK
+26.3%
Operating result
-364.0k NOK -542.2k NOK
-48.9%
Net result
+2.16m NOK +31.29m NOK
+1348.1%
Equity
79.23m NOK 110.52m NOK
+39.5%
Cash
11.57m NOK 44.56m NOK
+285.2%
Total assets
83.28m NOK 111.23m NOK
+33.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 47.5k NOK to 60.0k NOK (+26.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +2.16m NOK → +31.29m NOK (net margin 4549.5% → 52158.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 79.23m NOK → 110.52m NOK (equity ratio 95.1% → 99.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 11.57m NOK → 44.56m NOK (+285.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -364.0k NOK → -542.2k NOK (op. margin -766.4% → -903.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7 941 NOK → 18.3k NOK (17% → 31% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 371.7k NOK → 3.26m NOK. Reported fact