A.K. TRANSPORT AS: årsregnskap 2020 vs 2019
Grew 143% on revenue, stronger earnings
approved 2021-05-10; registry 2021-05-15; journal 2021 288434
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A.K. TRANSPORT AS. Revenue 1.51m NOK → 3.67m NOK (+143.1%). Net result +237.8k NOK → +585.9k NOK. Equity 191.6k NOK → 777.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A.K. TRANSPORT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.51m NOK to 3.67m NOK (+143.1% YoY). Calculated
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Operating result improved
Operating result +247.3k NOK → +739.3k NOK (op. margin 16.4% → 20.2%). Calculated
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Net result improved
Net result +237.8k NOK → +585.9k NOK (net margin 15.8% → 16.0%). Calculated
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Equity strengthened
Book equity 191.6k NOK → 777.5k NOK (equity ratio 27.6% → 144.4%). Calculated
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Cash rose
Bank deposits 131.5k NOK → 606.8k NOK (+361.4% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.82× → 0.14× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 254.0k NOK → 1.11m NOK (17% → 30% of revenue). Calculated