FirmaIQ
Org.nr 977 474 647 2019 → 2020 Year-over-year analysis

AKANTUS MOSJØEN AS: årsregnskap 2020 vs 2019

Shrank 29% on revenue, weaker earnings

approved 2020-12-31; registry 2021-08-19; journal 2021 646639

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKANTUS MOSJØEN AS. Revenue 4.94m NOK → 3.48m NOK (-29.5%). Net result +354.4k NOK → +88.4k NOK. Equity 848.3k NOK → 936.7k NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
4.94m NOK 3.48m NOK
-29.5%
Operating result
+812.0k NOK +479.7k NOK
-40.9%
Net result
+354.4k NOK +88.4k NOK
-75.1%
Equity
848.3k NOK 936.7k NOK
+10.4%
Cash
820.6k NOK 889.7k NOK
+8.4%
Total assets
10.51m NOK 10.32m NOK
-1.8%

What improved

  • ↑

    Equity strengthened

    Book equity 848.3k NOK → 936.7k NOK (equity ratio 8.1% → 9.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 820.6k NOK → 889.7k NOK (+8.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.78m NOK → 1.39m NOK (36% → 40% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.94m NOK to 3.48m NOK (-29.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +812.0k NOK → +479.7k NOK (op. margin 16.4% → 13.8%). Calculated

  • ↓

    Net result weakened

    Net result +354.4k NOK → +88.4k NOK (net margin 7.2% → 2.5%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 447.0k NOK → 908.3k NOK (+103.2% YoY). Calculated