FirmaIQ
Org.nr 816 204 372 2019 → 2020 Year-over-year analysis

AKASIA GRAVSTELL AS: årsregnskap 2020 vs 2019

Shrank 47% on revenue, returned to profit, cash halved-plus

approved 2021-06-16; registry 2021-08-18; journal 2021 624084

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKASIA GRAVSTELL AS. Revenue 51.96m NOK → 27.75m NOK (-46.6%). Net result -2.36m NOK → +2.24m NOK. Equity -2.16m NOK → -1.35m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKASIA GRAVSTELL AS.

At a glance

Scorecard

Revenue
51.96m NOK 27.75m NOK
-46.6%
Operating result
-3.72m NOK +2.39m NOK
+164.1%
Net result
-2.36m NOK +2.24m NOK
+195.2%
Equity
-2.16m NOK -1.35m NOK
+37.3%
Cash
7.15m NOK 2.97m NOK
-58.4%
Total assets
37.29m NOK 33.12m NOK
-11.2%

What improved

  • ↑

    Operating result improved

    Operating result -3.72m NOK → +2.39m NOK (op. margin -7.2% → 8.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.36m NOK to a profit of 2.24m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -2.16m NOK → -1.35m NOK (equity ratio -5.8% → -4.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 51.96m NOK to 27.75m NOK (-46.6% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 7.15m NOK → 2.97m NOK (-58.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 16.17m NOK → 5.02m NOK (-69.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 24.77m NOK → 24.45m NOK. Reported fact