AK-EIENDOM AS: årsregnskap 2020 vs 2019
Shrank 73% on revenue, weaker earnings
approved 2021-05-01; registry 2021-06-07; journal 2021 261471
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AK-EIENDOM AS. Revenue 14.88m NOK → 4.08m NOK (-72.6%). Net result +7.16m NOK → +179.1k NOK. Equity 8.72m NOK → 8.90m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AK-EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 8.72m NOK → 8.90m NOK (equity ratio 18.3% → 18.6%). Calculated
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↑
Cash rose
Bank deposits 151.4k NOK → 155.5k NOK (+2.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 458.0k NOK → -1 131 NOK (3% → -0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 14.88m NOK to 4.08m NOK (-72.6% YoY). Calculated
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↓
Operating result weakened
Operating result +11.53m NOK → +1.77m NOK (op. margin 77.5% → 43.3%). Calculated
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↓
Net result weakened
Net result +7.16m NOK → +179.1k NOK (net margin 48.1% → 4.4%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 849.5k NOK → 904 NOK. Reported fact