FirmaIQ
Org.nr 999 173 241 2019 → 2020 Year-over-year analysis

AK EIENDOMSSERVICE AS: årsregnskap 2020 vs 2019

Shrank 17% on revenue, slipped into loss

approved 2021-06-23; registry 2021-09-30; journal 2021 759656

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AK EIENDOMSSERVICE AS. Revenue 1.75m NOK → 1.46m NOK (-16.6%). Net result +328.9k NOK → -110.3k NOK. Equity 10.41m NOK → 11.30m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AK EIENDOMSSERVICE AS.

At a glance

Scorecard

Revenue
1.75m NOK 1.46m NOK
-16.6%
Operating result
+406.6k NOK -126.2k NOK
-131.0%
Net result
+328.9k NOK -110.3k NOK
-133.5%
Equity
10.41m NOK 11.30m NOK
+8.5%
Cash
301.8k NOK 151.6k NOK
-49.8%
Total assets
168.7k NOK 1.01m NOK
+497.4%

What improved

  • ↑

    Equity strengthened

    Book equity 10.41m NOK → 11.30m NOK (equity ratio 6172.5% → 1121.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.75m NOK to 1.46m NOK (-16.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +406.6k NOK → -126.2k NOK (op. margin 23.3% → -8.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 328.9k NOK profit to a loss of 110.3k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 301.8k NOK → 151.6k NOK (-49.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 568.5k NOK → 375.8k NOK (-33.9% YoY). Calculated