FirmaIQ
Org.nr 911 759 128 2019 → 2020 Year-over-year analysis

AKB MEKANIKK AS: årsregnskap 2020 vs 2019

Shrank 92% on revenue, weaker earnings, cash halved-plus

approved 2021-08-31; registry 2021-09-28; journal 2021 823150

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKB MEKANIKK AS. Revenue 17.8k NOK → 1 400 NOK (-92.2%). Net result -11.4k NOK → -22.9k NOK. Equity 25.2k NOK → 2 310 NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
17.8k NOK 1 400 NOK
-92.2%
Operating result
-14.7k NOK -12.3k NOK
+15.8%
Net result
-11.4k NOK -22.9k NOK
-100.1%
Equity
25.2k NOK 2 310 NOK
-90.8%
Cash
9 138 NOK 29 NOK
-99.7%
Total assets
25.2k NOK 2 310 NOK
-90.8%

What improved

  • ↑

    Operating result improved

    Operating result -14.7k NOK → -12.3k NOK (op. margin -82.1% → -881.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.8k NOK to 1 400 NOK (-92.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result -11.4k NOK → -22.9k NOK (net margin -64.0% → -1633.2%). Calculated

  • ↓

    Equity eroded

    Book equity 25.2k NOK → 2 310 NOK (equity ratio 100.0% → 100.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 9 138 NOK → 29 NOK (-99.7% YoY). Calculated