AK-LIFTING AS: årsregnskap 2020 vs 2019
Shrank 37% on revenue, weaker earnings
registry 2021-08-30; journal 2021 649623
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AK-LIFTING AS. Revenue 5.16m NOK → 3.25m NOK (-37.0%). Net result -249.7k NOK → -498.4k NOK. Equity -714.5k NOK → -467.9k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AK-LIFTING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -714.5k NOK → -467.9k NOK (equity ratio -89.2% → -56.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.16m NOK to 3.25m NOK (-37.0% YoY). Calculated
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↓
Operating result weakened
Operating result -320.1k NOK → -608.6k NOK (op. margin -6.2% → -18.7%). Calculated
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↓
Net result weakened
Net result -249.7k NOK → -498.4k NOK (net margin -4.8% → -15.3%). Calculated
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↓
Cash fell
Bank deposits 34.8k NOK → 25.2k NOK (-27.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.76m NOK → 918.3k NOK (-47.9% YoY). Calculated