Org.nr 986 841 776 2019 → 2020 Year-over-year analysis

AHR AS: årsregnskap 2020 vs 2019

Grew 6% on revenue, returned to profit, cash halved-plus

approved 2021-07-26; registry 2021-08-09; journal 2021 618354

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AHR AS. Revenue 755.0k NOK → 800.6k NOK (+6.0%). Net result -250.8k NOK → +150.8k NOK. Equity 1.37m NOK → 1.52m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

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

Scorecard

Revenue
755.0k NOK 800.6k NOK
+6.0%
Operating result
-189.9k NOK -165.8k NOK
+12.7%
Net result
-250.8k NOK +150.8k NOK
+160.1%
Equity
1.37m NOK 1.52m NOK
+11.0%
Cash
694.3k NOK 170.7k NOK
-75.4%
Total assets
6.80m NOK 6.47m NOK
-4.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 755.0k NOK to 800.6k NOK (+6.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -189.9k NOK → -165.8k NOK (op. margin -25.1% → -20.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 250.8k NOK to a profit of 150.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.37m NOK → 1.52m NOK (equity ratio 20.1% → 23.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 750.5k NOK → 679.5k NOK (99% → 85% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 694.3k NOK → 170.7k NOK (-75.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.96m NOK → 5.92m NOK. Reported fact