Org.nr 912 306 674 2019 → 2020 Year-over-year analysis

AHS KURS AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-08-31; registry 2021-09-30; journal 2021 836384

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AHS KURS AS. Revenue 554.2k NOK → 572.5k NOK (+3.3%). Net result +57.5k NOK → +25.9k NOK. Equity 170.9k NOK → 196.8k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AHS KURS AS.

Scorecard

Revenue
554.2k NOK 572.5k NOK
+3.3%
Operating result
+58.6k NOK +35.7k NOK
-39.0%
Net result
+57.5k NOK +25.9k NOK
-54.9%
Equity
170.9k NOK 196.8k NOK
+15.2%
Cash
170.9k NOK 196.8k NOK
+15.2%
Total assets
170.9k NOK 196.8k NOK
+15.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 554.2k NOK to 572.5k NOK (+3.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 170.9k NOK → 196.8k NOK (equity ratio 100.0% → 100.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 170.9k NOK → 196.8k NOK (+15.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +58.6k NOK → +35.7k NOK (op. margin 10.6% → 6.2%). Calculated

  • ↓

    Net result weakened

    Net result +57.5k NOK → +25.9k NOK (net margin 10.4% → 4.5%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 410.6k NOK → 431.2k NOK (+5.0% YoY). Calculated