FirmaIQ
Org.nr 992 299 134 2019 → 2020 Year-over-year analysis

AKA ÅSSIDEN EIENDOM AS: årsregnskap 2020 vs 2019

Shrank 8% on revenue, weaker earnings

approved 2021-04-22; registry 2021-06-19; journal 2021 353657

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKA ÅSSIDEN EIENDOM AS. Revenue 5.85m NOK → 5.40m NOK (-7.6%). Net result +3.65m NOK → +2.63m NOK. Equity 10.94m NOK → 11.01m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
5.85m NOK 5.40m NOK
-7.6%
Operating result
+4.75m NOK +3.45m NOK
-27.4%
Net result
+3.65m NOK +2.63m NOK
-28.0%
Equity
10.94m NOK 11.01m NOK
+0.7%
Total assets
17.84m NOK 17.15m NOK
-3.8%

What improved

  • ↑

    Equity strengthened

    Book equity 10.94m NOK → 11.01m NOK (equity ratio 61.3% → 64.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.85m NOK to 5.40m NOK (-7.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.75m NOK → +3.45m NOK (op. margin 81.2% → 63.8%). Calculated

  • ↓

    Net result weakened

    Net result +3.65m NOK → +2.63m NOK (net margin 62.4% → 48.6%). Calculated