AK EIENDOMMER AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-08-29; registry 2021-08-31; journal 2021 701909
Summary
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.
At a glance
Scorecard
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