AK INSTALLASJON AS: årsregnskap 2020 vs 2019
Grew 32% on revenue, returned to profit
approved 2020-12-31; registry 2021-06-21; journal 2021 364740
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AK INSTALLASJON AS. Revenue 1.32m NOK → 1.75m NOK (+32.3%). Net result -58.4k NOK → +130.6k NOK. Equity 220.3k NOK → 10.35m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AK INSTALLASJON AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.32m NOK to 1.75m NOK (+32.3% YoY). Calculated
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Operating result improved
Operating result -57.6k NOK → +152.1k NOK (op. margin -4.4% → 8.7%). Calculated
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Turned profitable
Net result flipped from a loss of 58.4k NOK to a profit of 130.6k NOK. Calculated
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Equity strengthened
Book equity 220.3k NOK → 10.35m NOK (equity ratio 42.0% → 1589.3%). Calculated
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Payroll decreased
Salary cost 3.65m NOK → 2 NOK (277% → 0% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 446.1k NOK → 382.1k NOK (-14.4% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 547.6k NOK → 805.4k NOK (+47.1% YoY). Calculated