ALEKSANDER HINDENES CONSULTING AS: årsregnskap 2020 vs 2019
Shrank 94% on revenue, stronger earnings
registry 2021-06-02; journal 2021 373374
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ALEKSANDER HINDENES CONSULTING AS. Revenue 735.6k NOK → 43.5k NOK (-94.1%). Net result +80.1k NOK → +3.63m NOK. Equity 13.35m NOK → 13 NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ALEKSANDER HINDENES CONSULTING AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +93.2k NOK → +422.3k NOK (op. margin 12.7% → 970.3%). Calculated
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Net result improved
Net result +80.1k NOK → +3.63m NOK (net margin 10.9% → 8340.1%). Calculated
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Cash rose
Bank deposits 472.4k NOK → 580.8k NOK (+22.9% YoY). Calculated
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Payroll decreased
Salary cost 5579.11bn NOK → 4 NOK (758468817% → 0% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 735.6k NOK to 43.5k NOK (-94.1% YoY). Calculated
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Equity eroded
Book equity 13.35m NOK → 13 NOK (equity ratio 2040.4% → 0.0%). Calculated
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Current ratio dropped below 1×
Current ratio 1.87× → -9.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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COGS moved
COGS / varekostnad 3 750 NOK → 17.4k NOK (+364.0% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 80.0k NOK → 12.10m NOK. Reported fact