FirmaIQ
Org.nr 990 687 544 2019 → 2020 Year-over-year analysis

AKANTI AS: årsregnskap 2020 vs 2019

Grew 401% on revenue, returned to profit

approved 2021-04-21; registry 2021-08-30; journal 2021 652183

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKANTI AS. Revenue 1.65m NOK → 8.29m NOK (+401.2%). Net result -469.0k NOK → +144.0k NOK. Equity -477.4k NOK → -333.4k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AKANTI AS.

At a glance

Scorecard

Revenue
1.65m NOK 8.29m NOK
+401.2%
Operating result
-373.4k NOK +229.6k NOK
+161.5%
Net result
-469.0k NOK +144.0k NOK
+130.7%
Equity
-477.4k NOK -333.4k NOK
+30.2%
Cash
33.8k NOK 3.15m NOK
+9225.3%
Total assets
3.03m NOK 4.00m NOK
+32.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.65m NOK to 8.29m NOK (+401.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -373.4k NOK → +229.6k NOK (op. margin -22.6% → 2.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 469.0k NOK to a profit of 144.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -477.4k NOK → -333.4k NOK (equity ratio -15.8% → -8.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 33.8k NOK → 3.15m NOK (+9225.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 127.9k NOK → 204.4k NOK (+59.8% YoY). Calculated