FirmaIQ
Org.nr 996 199 843 2019 → 2020 Year-over-year analysis

AKA HANDELSEIENDOMMER NORD AS: årsregnskap 2020 vs 2019

Shrank 20% on revenue, weaker earnings

approved 2021-04-22; registry 2021-07-12; journal 2021 474397

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKA HANDELSEIENDOMMER NORD AS. Revenue 18.93m NOK → 15.05m NOK (-20.5%). Net result +7.61m NOK → +5.10m NOK. Equity 39.98m NOK → 34.36m 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 HANDELSEIENDOMMER NORD AS.

At a glance

Scorecard

Revenue
18.93m NOK 15.05m NOK
-20.5%
Operating result
+13.25m NOK +10.70m NOK
-19.2%
Net result
+7.61m NOK +5.10m NOK
-33.0%
Equity
39.98m NOK 34.36m NOK
-14.0%
Cash
156.8k NOK n/m
—
Total assets
178.31m NOK 162.19m NOK
-9.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 18.93m NOK to 15.05m NOK (-20.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +13.25m NOK → +10.70m NOK (op. margin 70.0% → 71.1%). Calculated

  • ↓

    Net result weakened

    Net result +7.61m NOK → +5.10m NOK (net margin 40.2% → 33.9%). Calculated

  • ↓

    Equity eroded

    Book equity 39.98m NOK → 34.36m NOK (equity ratio 22.4% → 21.2%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 37.65m NOK → 29.63m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 432 NOK → 24.7k NOK. Reported fact