FirmaIQ
Org.nr 922 015 406 2019 → 2020 Year-over-year analysis

AK ELEKTRISKE AS: årsregnskap 2020 vs 2019

Grew 157% on revenue, returned to profit

approved 2021-09-29; registry 2021-10-02; journal 2021 847338

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AK ELEKTRISKE AS. Revenue 315.4k NOK → 810.1k NOK (+156.9%). Net result -69.2k NOK → +348.8k NOK. Equity -44.8k NOK → 13.30m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

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

At a glance

Scorecard

Revenue
315.4k NOK 810.1k NOK
+156.9%
Operating result
-57.1k NOK +562.8k NOK
+1085.5%
Net result
-69.2k NOK +348.8k NOK
+603.8%
Equity
-44.8k NOK 13.30m NOK
+29796.3%
Cash
54.6k NOK 136.5k NOK
+150.2%
Total assets
316.2k NOK 804.6k NOK
+154.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 315.4k NOK to 810.1k NOK (+156.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -57.1k NOK → +562.8k NOK (op. margin -18.1% → 69.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 69.2k NOK to a profit of 348.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -44.8k NOK → 13.30m NOK (equity ratio -14.2% → 1653.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 54.6k NOK → 136.5k NOK (+150.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 130.7k NOK → 427 NOK (-99.7% YoY). Calculated