AK-TRAFIKKSKOLE AS: årsregnskap 2020 vs 2019
Grew 9% on revenue, slipped into loss
approved 2021-08-27; registry 2021-09-08; journal 2021 737057
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AK-TRAFIKKSKOLE AS. Revenue 2.92m NOK → 3.19m NOK (+9.3%). Net result +37.0k NOK → -128.5k NOK. Equity 70.8k NOK → -57.7k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AK-TRAFIKKSKOLE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.92m NOK to 3.19m NOK (+9.3% YoY). Calculated
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↑
Cash rose
Bank deposits 187.1k NOK → 474.1k NOK (+153.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +99.5k NOK → -86.8k NOK (op. margin 3.4% → -2.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 37.0k NOK profit to a loss of 128.5k NOK. Calculated
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↓
Equity eroded
Book equity 70.8k NOK → -57.7k NOK (equity ratio 4.5% → -2.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.67m NOK → 1.93m NOK (57% → 60% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 5 584 NOK → 101.9k NOK (+1724.9% YoY). Calculated