Org.nr 811 577 642 2019 → 2020 Year-over-year analysis

AK SHIPPING & CHARTERING AS: årsregnskap 2020 vs 2019

Grew 28% on revenue, stronger earnings

approved 2021-06-17; registry 2021-10-30; journal 2021 881322

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AK SHIPPING & CHARTERING AS. Revenue 7.31m NOK → 9.36m NOK (+28.0%). Net result +4.48m NOK → +5.97m NOK. Equity 3.13m NOK → 3.90m NOK.

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

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for AK SHIPPING & CHARTERING AS.

Scorecard

Revenue
7.31m NOK 9.36m NOK
+28.0%
Operating result
+5.76m NOK +7.68m NOK
+33.3%
Net result
+4.48m NOK +5.97m NOK
+33.1%
Equity
3.13m NOK 3.90m NOK
+24.5%
Cash
4.25m NOK 4.68m NOK
+10.3%
Total assets
4.63m NOK 5.76m NOK
+24.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.31m NOK to 9.36m NOK (+28.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5.76m NOK → +7.68m NOK (op. margin 78.8% → 82.0%). Calculated

  • ↑

    Net result improved

    Net result +4.48m NOK → +5.97m NOK (net margin 61.3% → 63.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.13m NOK → 3.90m NOK (equity ratio 67.6% → 67.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.25m NOK → 4.68m NOK (+10.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.36m NOK → 1.50m NOK (19% → 16% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 2. Reported fact