AHPA AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-06-30; registry 2021-08-04; journal 2021 606988
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AHPA AS. Revenue 2.85m NOK → 2.89m NOK (+1.2%). Net result +298.5k NOK → +1.21m NOK. Equity 13.78m NOK → 12 NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AHPA AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.85m NOK to 2.89m NOK (+1.2% YoY). Calculated
-
↑
Net result improved
Net result +298.5k NOK → +1.21m NOK (net margin 10.5% → 42.0%). Calculated
-
↑
Cash rose
Bank deposits 1 189 NOK → 771.2k NOK (+64760.1% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +1.66m NOK → +1.56m NOK (op. margin 58.2% → 53.9%). Calculated
-
↓
Equity eroded
Book equity 13.78m NOK → 12 NOK (equity ratio 624.2% → 0.0%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 105.3k NOK → 83.0k NOK (-21.2% YoY). Calculated