A KROHN EIENDOM AS: årsregnskap 2020 vs 2019
Shrank 8% on revenue, stronger earnings
approved 2021-04-20; registry 2021-05-15; journal 2021 286906
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A KROHN EIENDOM AS. Revenue 1.98m NOK → 1.82m NOK (-8.2%). Net result +132.6k NOK → +260.1k NOK. Equity 2.40m NOK → 1.13m NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; cogs moved.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for A KROHN EIENDOM AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +575.1k NOK → +663.9k NOK (op. margin 29.0% → 36.5%). Calculated
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Net result improved
Net result +132.6k NOK → +260.1k NOK (net margin 6.7% → 14.3%). Calculated
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Cash rose
Bank deposits 516.4k NOK → 549.3k NOK (+6.4% YoY). Calculated
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Payroll decreased
Salary cost 497.6k NOK → 259.4k NOK (25% → 14% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.98m NOK to 1.82m NOK (-8.2% YoY). Calculated
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Equity eroded
Book equity 2.40m NOK → 1.13m NOK (equity ratio 19.2% → 10.3%). Calculated
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COGS moved
COGS / varekostnad 343 NOK → 264.3k NOK (+76958.3% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 3.00m NOK → 1.10m NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 156 NOK → 1 197 NOK. Reported fact