AKA TRANSPORT AS: årsregnskap 2020 vs 2019
Cash halved-plus
approved 2021-03-03; registry 2021-03-17; journal 2021 151077
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKA TRANSPORT AS. Revenue 5.29m NOK → 5.48m NOK (+3.6%). Equity 341.9k NOK → 181.1k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; payroll increased; cogs fell. All figures are taken from the published annual accounts for AKA TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.29m NOK to 5.48m NOK (+3.6% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 341.9k NOK → 181.1k NOK (equity ratio 8.1% → 14.8%). Calculated
-
↓
Cash fell
Bank deposits 4.73m NOK → 657.1k NOK (-86.1% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (4.73m NOK → 657.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 2.15m NOK → 2.23m NOK (41% → 41% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 783.8k NOK → 509.5k NOK (-35.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 326.2k NOK → 241.6k NOK. Reported fact