Org.nr 922 897 492 2019 → 2020 Year-over-year analysis

AK MALERFIRMA AS: årsregnskap 2020 vs 2019

Shrank 62% on revenue, returned to profit

approved 2021-06-30; registry 2021-11-20; journal 2021 898350

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AK MALERFIRMA AS. Revenue 379.1k NOK → 145.5k NOK (-61.6%). Net result -6 405 NOK → +50.5k NOK. Equity 23.6k NOK → 74.1k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
379.1k NOK 145.5k NOK
-61.6%
Operating result
-5 106 NOK +67.7k NOK
+1425.3%
Net result
-6 405 NOK +50.5k NOK
+887.8%
Equity
23.6k NOK 74.1k NOK
+213.9%
Cash
119.4k NOK 95.9k NOK
-19.6%
Total assets
148.1k NOK 114.8k NOK
-22.5%

What improved

  • ↑

    Operating result improved

    Operating result -5 106 NOK → +67.7k NOK (op. margin -1.3% → 46.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 6 405 NOK to a profit of 50.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 23.6k NOK → 74.1k NOK (equity ratio 15.9% → 64.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 379.1k NOK to 145.5k NOK (-61.6% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 119.4k NOK → 95.9k NOK (-19.6% YoY). Calculated