Org.nr 986 841 776 2018 → 2019 Year-over-year analysis

AHR AS: årsregnskap 2019 vs 2018

Grew 298% on revenue, slipped into loss

approved 2020-07-07; registry 2020-08-03; journal 2020 639743

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AHR AS. Revenue 189.7k NOK → 755.0k NOK (+298.0%). Net result +326.9k NOK → -250.8k NOK. Equity 1.62m NOK → 1.37m NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

Scorecard

Revenue
189.7k NOK 755.0k NOK
+298.0%
Operating result
+330.5k NOK -189.9k NOK
-157.4%
Net result
+326.9k NOK -250.8k NOK
-176.7%
Equity
1.62m NOK 1.37m NOK
-15.5%
Cash
378.3k NOK 694.3k NOK
+83.5%
Total assets
7.10m NOK 6.80m NOK
-4.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 189.7k NOK to 755.0k NOK (+298.0% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 378.3k NOK → 694.3k NOK (+83.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.77× → 1.98×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +330.5k NOK → -189.9k NOK (op. margin 174.2% → -25.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 326.9k NOK profit to a loss of 250.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.62m NOK → 1.37m NOK (equity ratio 22.8% → 20.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 639.4k NOK → 750.5k NOK (337% → 99% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 6.21m NOK → 4.96m NOK. Reported fact