AKA SYSTEM INVEST AS: årsregnskap 2020 vs 2019
Grew 6% on revenue, slipped into loss
approved 2021-08-12; registry 2021-08-19; journal 2021 650157
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKA SYSTEM INVEST AS. Revenue 727.1k NOK → 774.3k NOK (+6.5%). Net result +30.2k NOK → -34.3k NOK. Equity 290.3k NOK → 10.23m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; fell into a net loss.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 727.1k NOK to 774.3k NOK (+6.5% YoY). Calculated
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↑
Equity strengthened
Book equity 290.3k NOK → 10.23m NOK (equity ratio 63.4% → 2441.7%). Calculated
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↑
Cash rose
Bank deposits 322.8k NOK → 417.2k NOK (+29.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 11.67m NOK → 2 NOK (1605% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +7 853 NOK → -37.0k NOK (op. margin 1.1% → -4.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 30.2k NOK profit to a loss of 34.3k NOK. Calculated