Org.nr 917 697 922 2019 → 2020 Year-over-year analysis

AHV7 VIGTIL TERRASSE AS: årsregnskap 2020 vs 2019

Shrank 89% on revenue, weaker earnings

approved 2022-01-25; registry 2022-01-31; journal 2022 110447

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AHV7 VIGTIL TERRASSE AS. Revenue 77.07m NOK → 8.59m NOK (-88.9%). Net result +9.43m NOK → +47.1k NOK. Equity 7.48m NOK → 7.52m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AHV7 VIGTIL TERRASSE AS.

Scorecard

Revenue
77.07m NOK 8.59m NOK
-88.9%
Operating result
+12.75m NOK +110.9k NOK
-99.1%
Net result
+9.43m NOK +47.1k NOK
-99.5%
Equity
7.48m NOK 7.52m NOK
+0.6%
Cash
21.0k NOK 13.72m NOK
+65304.0%
Total assets
42.10m NOK 20.68m NOK
-50.9%

What improved

  • ↑

    Equity strengthened

    Book equity 7.48m NOK → 7.52m NOK (equity ratio 17.8% → 36.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 21.0k NOK → 13.72m NOK (+65304.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 77.07m NOK to 8.59m NOK (-88.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +12.75m NOK → +110.9k NOK (op. margin 16.5% → 1.3%). Calculated

  • ↓

    Net result weakened

    Net result +9.43m NOK → +47.1k NOK (net margin 12.2% → 0.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 480.2k NOK → 4 480 NOK. Reported fact