Org.nr 917 307 156 2018 → 2019 Year-over-year analysis

KAHAGA AS: årsregnskap 2019 vs 2018

Stronger earnings, cash halved-plus

approved 2020-07-22; registry 2020-07-30; journal 2020 632562

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for KAHAGA AS. Net result +2 145 NOK → +1.54m NOK. Equity 12.08m NOK → 11.83m NOK.

On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for KAHAGA AS.

At a glance

Revenue

0 NOK n/m

—

Operating result

+105.7k NOK -32.0k NOK

-130.3%

Net result

+2 145 NOK +1.54m NOK

+71761.1%

Equity

12.08m NOK 11.83m NOK

-2.1%

Cash

3.04m NOK 781.2k NOK

-74.3%

Total assets

14.04m NOK 11.83m NOK

-15.8%

↓
Operating result weakened

Operating result +105.7k NOK → -32.0k NOK. Calculated
↓
Equity eroded

Book equity 12.08m NOK → 11.83m NOK (equity ratio 86.1% → 100.0%). Calculated
↓
Cash fell

Bank deposits 3.04m NOK → 781.2k NOK (-74.3% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (3.04m NOK → 781.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation