FirmaIQ
Org.nr 979 495 927 2019 → 2020 Year-over-year analysis

AKA BUTIKKEIENDOM AS: årsregnskap 2020 vs 2019

Shrank 21% on revenue, weaker earnings

approved 2021-04-22; registry 2021-07-12; journal 2021 474411

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKA BUTIKKEIENDOM AS. Revenue 41.94m NOK → 33.20m NOK (-20.8%). Net result +24.94m NOK → +17.26m NOK. Equity 291.93m NOK → 236.80m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AKA BUTIKKEIENDOM AS.

At a glance

Scorecard

Revenue
41.94m NOK 33.20m NOK
-20.8%
Operating result
+32.18m NOK +22.43m NOK
-30.3%
Net result
+24.94m NOK +17.26m NOK
-30.8%
Equity
291.93m NOK 236.80m NOK
-18.9%
Cash
29.2k NOK 29.2k NOK
+0.0%
Total assets
343.95m NOK 288.80m NOK
-16.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 41.94m NOK to 33.20m NOK (-20.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +32.18m NOK → +22.43m NOK (op. margin 76.7% → 67.5%). Calculated

  • ↓

    Net result weakened

    Net result +24.94m NOK → +17.26m NOK (net margin 59.5% → 52.0%). Calculated

  • ↓

    Equity eroded

    Book equity 291.93m NOK → 236.80m NOK (equity ratio 84.9% → 82.0%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 266.03m NOK → 224.28m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 72.14m NOK → 73.85m NOK. Reported fact