Org.nr 914 326 613 2019 → 2020 Year-over-year analysis

AKB II AS: årsregnskap 2020 vs 2019

Stronger earnings, cash halved-plus

approved 2021-05-22; registry 2021-07-29; journal 2021 559627

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKB II AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -500.6k NOK → -380.4k NOK. Equity 4.24bn NOK → 234.80m NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-27.9k NOK -66.9k NOK
-139.3%
Net result
-500.6k NOK -380.4k NOK
+24.0%
Equity
4.24bn NOK 234.80m NOK
-94.5%
Cash
10.1k NOK 976 NOK
-90.3%
Total assets
254.02m NOK 254.12m NOK
+0.0%

What improved

  • ↑

    Net result improved

    Net result -500.6k NOK → -380.4k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -27.9k NOK → -66.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.24bn NOK → 234.80m NOK (equity ratio 1667.3% → 92.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 10.1k NOK → 976 NOK (-90.3% YoY). Calculated