AHV7 VIGTIL TERRASSE AS: årsregnskap 2019 vs 2018
Grew 856225% on revenue, returned to profit, cash halved-plus
approved 2020-08-31; registry 2020-12-21; journal 2020 975899
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AHV7 VIGTIL TERRASSE AS. Revenue 9 000 NOK → 77.07m NOK (+856225.0%). Net result -1.48m NOK → +9.43m NOK. Equity -1.95m NOK → 7.48m 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 AHV7 VIGTIL TERRASSE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 9 000 NOK to 77.07m NOK (+856225.0% YoY). Calculated
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Operating result improved
Operating result -511.1k NOK → +12.75m NOK (op. margin -5679.0% → 16.5%). Calculated
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Turned profitable
Net result flipped from a loss of 1.48m NOK to a profit of 9.43m NOK. Calculated
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Equity strengthened
Book equity -1.95m NOK → 7.48m NOK (equity ratio -3.7% → 17.8%). Calculated
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Current ratio back above 1×
Current ratio 0.01× → 1.09×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 322.3k NOK → 21.0k NOK (-93.5% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 194.4k NOK → 480.2k NOK. Reported fact