Org.nr 914 340 632 2019 → 2020 Year-over-year analysis

AKB AS: årsregnskap 2020 vs 2019

Cash halved-plus

approved 2021-05-22; registry 2021-07-29; journal 2021 559551

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKB AS. Revenue 0 NOK → 1.08m NOK. Net result +4.95m NOK → +5.13m NOK. Equity 8.29bn NOK → 295.42m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKB AS.

At a glance

Revenue

0 NOK 1.08m NOK

—

Operating result

-78.6k NOK +795.2k NOK

+1112.1%

Net result

+4.95m NOK +5.13m NOK

+3.7%

Equity

8.29bn NOK 295.42m NOK

-96.4%

Cash

993.4k NOK 253.7k NOK

-74.5%

Total assets

290.29m NOK 303.67m NOK

+4.6%

↑
Revenue rose

Operating income / revenue moved from 0 NOK to 1.08m NOK. Calculated
↑
Operating result improved

Operating result -78.6k NOK → +795.2k NOK. Calculated

↓
Equity eroded

Book equity 8.29bn NOK → 295.42m NOK (equity ratio 2855.8% → 97.3%). Calculated
↓
Cash fell

Bank deposits 993.4k NOK → 253.7k NOK (-74.5% YoY). Calculated

·
Book investments changed

Investment / intangible book value 24.40m NOK → 21.15m NOK. Reported fact