FirmaIQ
Org.nr 915 770 681 2019 → 2020 Year-over-year analysis

AK HÅRDESIGN AS: årsregnskap 2020 vs 2019

Grew 502% on revenue, stronger earnings

approved 2021-08-06; registry 2021-08-09; journal 2021 618954

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AK HÅRDESIGN AS. Revenue 148.5k NOK → 894.0k NOK (+501.9%). Net result +2 020 NOK → +30.0k NOK. Equity 54.2k NOK → 84.2k NOK.

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

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

At a glance

Scorecard

Revenue
148.5k NOK 894.0k NOK
+501.9%
Operating result
+53.4k NOK +57.1k NOK
+6.9%
Net result
+2 020 NOK +30.0k NOK
+1384.3%
Equity
54.2k NOK 84.2k NOK
+55.3%
Cash
230.7k NOK 252.0k NOK
+9.3%
Total assets
548.7k NOK 524.9k NOK
-4.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 148.5k NOK to 894.0k NOK (+501.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +53.4k NOK → +57.1k NOK (op. margin 36.0% → 6.4%). Calculated

  • ↑

    Net result improved

    Net result +2 020 NOK → +30.0k NOK (net margin 1.4% → 3.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 54.2k NOK → 84.2k NOK (equity ratio 9.9% → 16.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 230.7k NOK → 252.0k NOK (+9.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 104.8k NOK → 86.1k NOK (-17.9% YoY). Calculated