Org.nr 924 307 846 2019 → 2020 Year-over-year analysis

AKA EIENDOM AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-05-02; registry 2021-05-05; journal 2021 260121

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKA EIENDOM AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +5 569 NOK → -35.1k NOK. Equity 24.4k NOK → 29.9k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: operating result weakened; fell into a net loss; current ratio dropped below 1×.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AKA EIENDOM AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+5 570 NOK -510 NOK
-109.2%
Net result
+5 569 NOK -35.1k NOK
-730.3%
Equity
24.4k NOK 29.9k NOK
+22.3%
Cash
30.0k NOK 50.9k NOK
+69.5%
Total assets
30.0k NOK 2.27m NOK
+7463.4%

What improved

  • ↑

    Equity strengthened

    Book equity 24.4k NOK → 29.9k NOK (equity ratio 81.4% → 1.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 30.0k NOK → 50.9k NOK (+69.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +5 570 NOK → -510 NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 5 569 NOK profit to a loss of 35.1k NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 5.11× → 0.44× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 224 NOK → 2 166 NOK. Reported fact