AK BYGG OG EIENDOM AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-03-16; registry 2021-06-10; journal 2021 279076
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AK BYGG OG EIENDOM AS. Revenue 4.29m NOK → 4.28m NOK (-0.1%). Net result +271.6k NOK → +142.6k NOK. Equity 3.92m NOK → 4.77m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AK BYGG OG EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +1.49m NOK → +2.42m NOK (op. margin 34.7% → 56.6%). Calculated
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↑
Equity strengthened
Book equity 3.92m NOK → 4.77m NOK (equity ratio 11.0% → 13.5%). Calculated
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↑
Cash rose
Bank deposits 354.8k NOK → 895.5k NOK (+152.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.29m NOK to 4.28m NOK (-0.1% YoY). Calculated
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↓
Net result weakened
Net result +271.6k NOK → +142.6k NOK (net margin 6.3% → 3.3%). Calculated
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↓
Payroll up without matching revenue
Salary cost 12 NOK → 652.1k NOK (0% → 15% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 168.0k NOK → 868.0k NOK. Reported fact