AK STANG EIENDOM AS: årsregnskap 2020 vs 2019
Grew 11% on revenue, returned to profit, cash halved-plus
approved 2021-04-16; registry 2021-07-24; journal 2021 532314
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AK STANG EIENDOM AS. Revenue 10.26m NOK → 11.36m NOK (+10.6%). Net result -332.3k NOK → +2.11m NOK. Equity 45.12m NOK → 45.43m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for AK STANG EIENDOM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 10.26m NOK to 11.36m NOK (+10.6% YoY). Calculated
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Operating result improved
Operating result +2.67m NOK → +5.36m NOK (op. margin 26.0% → 47.2%). Calculated
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Turned profitable
Net result flipped from a loss of 332.3k NOK to a profit of 2.11m NOK. Calculated
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Equity strengthened
Book equity 45.12m NOK → 45.43m NOK (equity ratio 29.8% → 32.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 7.61m NOK → 1.28m NOK (-83.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.26× → 0.26× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (7.61m NOK → 1.28m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 1.22m NOK → 1.23m NOK (12% → 11% of revenue). Calculated