AKASA & PARTNER AS: årsregnskap 2020 vs 2019
Shrank 5% on revenue, returned to profit, cash halved-plus
approved 2021-09-10; registry 2021-10-02; journal 2021 840724
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKASA & PARTNER AS. Revenue 1.61m NOK → 1.52m NOK (-5.1%). Net result -251.6k NOK → +114.1k NOK. Equity -4 251 NOK → 5.11m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -289.5k NOK → +157.9k NOK (op. margin -18.0% → 10.4%). Calculated
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Turned profitable
Net result flipped from a loss of 251.6k NOK to a profit of 114.1k NOK. Calculated
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Equity strengthened
Book equity -4 251 NOK → 5.11m NOK (equity ratio -0.9% → 1474.7%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.86× → 1.33×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.61m NOK to 1.52m NOK (-5.1% YoY). Calculated
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Cash fell
Bank deposits 146.4k NOK → 43.4k NOK (-70.4% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 820.9k NOK → 3.17m NOK (51% → 208% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 636.7k NOK → 845.4k NOK (+32.8% YoY). Calculated