Org.nr 990 011 656 2019 → 2020 Year-over-year analysis

AK STANG AS: årsregnskap 2020 vs 2019

Grew 16% on revenue, weaker earnings, cash halved-plus

approved 2021-05-04; registry 2021-08-18; journal 2021 624270

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AK STANG AS. Revenue 174.8k NOK → 202.0k NOK (+15.6%). Net result -148.5k NOK → -276.7k NOK. Equity 6.49m NOK → 6.22m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Net tougher year on the published lines.

Scorecard

Revenue
174.8k NOK 202.0k NOK
+15.6%
Operating result
-166.1k NOK -279.2k NOK
-68.1%
Net result
-148.5k NOK -276.7k NOK
-86.3%
Equity
6.49m NOK 6.22m NOK
-4.3%
Cash
1.79m NOK 751.2k NOK
-58.0%
Total assets
7.24m NOK 6.80m NOK
-6.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 174.8k NOK to 202.0k NOK (+15.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -166.1k NOK → -279.2k NOK (op. margin -95.0% → -138.2%). Calculated

  • ↓

    Net result weakened

    Net result -148.5k NOK → -276.7k NOK (net margin -85.0% → -136.9%). Calculated

  • ↓

    Equity eroded

    Book equity 6.49m NOK → 6.22m NOK (equity ratio 89.7% → 91.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.79m NOK → 751.2k NOK (-58.0% YoY). Calculated