Org.nr 947 504 614 2019 → 2020 Year-over-year analysis

AKB LIGHTING AS: årsregnskap 2020 vs 2019

Shrank 31% on revenue, weaker earnings, fresh owner capital

approved 2021-04-06; registry 2021-08-26; journal 2021 647817

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKB LIGHTING AS. Revenue 41.51m NOK → 28.46m NOK (-31.4%). Net result +1.79m NOK → +355.6k NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Revenue

41.51m NOK 28.46m NOK

-31.4%

Operating result

+1.97m NOK +238.8k NOK

-87.9%

Net result

+1.79m NOK +355.6k NOK

-80.2%

Equity

6.03m NOK n/m

—

Cash

6.23m NOK 4.63m NOK

-25.6%

Total assets

14.24m NOK 12.62m NOK

-11.4%

↑
Owners injected capital

Paid-in equity rose 140.0k NOK → 861.9k NOK (+721.9k NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 41.51m NOK to 28.46m NOK (-31.4% YoY). Calculated
↓
Operating result weakened

Operating result +1.97m NOK → +238.8k NOK (op. margin 4.7% → 0.8%). Calculated
↓
Net result weakened

Net result +1.79m NOK → +355.6k NOK (net margin 4.3% → 1.2%). Calculated
↓
Cash fell

Bank deposits 6.23m NOK → 4.63m NOK (-25.6% YoY). Calculated