AKARI GRUPPEN AS: årsregnskap 2020 vs 2019
Grew 23% on revenue, stronger earnings, cash halved-plus
approved 2021-05-20; registry 2021-06-26; journal 2021 397947
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKARI GRUPPEN AS. Revenue 5.49m NOK → 6.73m NOK (+22.6%). Net result +231.2k NOK → +497.9k NOK. Equity 332.7k NOK → 830.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKARI GRUPPEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.49m NOK to 6.73m NOK (+22.6% YoY). Calculated
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Operating result improved
Operating result +298.4k NOK → +639.4k NOK (op. margin 5.4% → 9.5%). Calculated
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Net result improved
Net result +231.2k NOK → +497.9k NOK (net margin 4.2% → 7.4%). Calculated
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Equity strengthened
Book equity 332.7k NOK → 830.5k NOK (equity ratio 15.0% → 38.4%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 730.0k NOK → 45.7k NOK (-93.7% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2.80m NOK → 3.35m NOK (51% → 50% of revenue). Calculated
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COGS moved
COGS / varekostnad 1.83m NOK → 1.88m NOK (+2.6% YoY). Calculated
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Book investments changed
Investment / intangible book value 170.0k NOK → 156.1k NOK. Reported fact