FirmaIQ
Org.nr 923 200 185 2019 → 2020 Year-over-year analysis

AK MEK AS: årsregnskap 2020 vs 2019

Grew 366% on revenue, stronger earnings

approved 2021-05-28; registry 2021-06-01; journal 2021 363395

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AK MEK AS. Revenue 171.5k NOK → 799.5k NOK (+366.2%). Net result +95.6k NOK → +361.8k NOK. Equity 126.5k NOK → 488.3k NOK.

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

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

At a glance

Scorecard

Revenue
171.5k NOK 799.5k NOK
+366.2%
Operating result
+120.0k NOK +464.6k NOK
+287.3%
Net result
+95.6k NOK +361.8k NOK
+278.5%
Equity
126.5k NOK 488.3k NOK
+286.0%
Cash
158.6k NOK 490.2k NOK
+209.0%
Total assets
164.0k NOK 751.5k NOK
+358.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 171.5k NOK to 799.5k NOK (+366.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +120.0k NOK → +464.6k NOK (op. margin 70.0% → 58.1%). Calculated

  • ↑

    Net result improved

    Net result +95.6k NOK → +361.8k NOK (net margin 55.7% → 45.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 126.5k NOK → 488.3k NOK (equity ratio 77.2% → 65.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 158.6k NOK → 490.2k NOK (+209.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 35.2k NOK → 120.2k NOK (+241.7% YoY). Calculated