AK BYGG OG SERVICE AS: årsregnskap 2020 vs 2019
Shrank 30% on revenue, slipped into loss
approved 2020-12-31; registry 2021-05-31; journal 2021 353017
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AK BYGG OG SERVICE AS. Revenue 2.38m NOK → 1.66m NOK (-30.3%). Net result +143.5k NOK → -103.2k NOK. Equity 634.3k NOK → 531.1k NOK.
On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AK BYGG OG SERVICE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 137.1k NOK → 246.0k NOK (+79.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.75× → 1.01×. Calculated
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↑
Payroll decreased
Salary cost 2.79m NOK → 450.8k NOK (117% → 27% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.38m NOK to 1.66m NOK (-30.3% YoY). Calculated
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↓
Operating result weakened
Operating result +185.3k NOK → -131.8k NOK (op. margin 7.8% → -7.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 143.5k NOK profit to a loss of 103.2k NOK. Calculated
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↓
Equity eroded
Book equity 634.3k NOK → 531.1k NOK (equity ratio 63.6% → 65.2%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 759.9k NOK → 630.7k NOK (-17.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 13.2k NOK → 0 NOK. Reported fact