Org.nr 920 418 945 2019 → 2020 Year-over-year analysis

AK EIENDOMMER AS: årsregnskap 2020 vs 2019

Stronger earnings, cash halved-plus

approved 2021-08-29; registry 2021-08-31; journal 2021 701909

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AK EIENDOMMER AS. Revenue 326.4k NOK → 326.4k NOK (0.0%). Net result -66.8k NOK → -12.4k NOK. Equity -28.1k NOK → -40.4k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AK EIENDOMMER AS.

Scorecard

Revenue
326.4k NOK 326.4k NOK
0.0%
Operating result
-85.7k NOK -15.3k NOK
+82.1%
Net result
-66.8k NOK -12.4k NOK
+81.5%
Equity
-28.1k NOK -40.4k NOK
-44.2%
Cash
26.5k NOK 6 195 NOK
-76.6%
Total assets
45.3k NOK 28.5k NOK
-37.1%

What improved

  • ↑

    Operating result improved

    Operating result -85.7k NOK → -15.3k NOK (op. margin -26.2% → -4.7%). Calculated

  • ↑

    Net result improved

    Net result -66.8k NOK → -12.4k NOK (net margin -20.5% → -3.8%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -28.1k NOK → -40.4k NOK (equity ratio -61.9% → -142.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 26.5k NOK → 6 195 NOK (-76.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -142.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation