AKE AS: årsregnskap 2020 vs 2019
Shrank 90% on revenue, slipped into loss
approved 2021-08-20; registry 2021-09-15; journal 2021 706946
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKE AS. Revenue 237.2k NOK → 23.0k NOK (-90.3%). Net result +63.1k NOK → -53.0k NOK. Equity 332.8k NOK → 279.8k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKE AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 237.2k NOK to 23.0k NOK (-90.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +71.1k NOK → -52.9k NOK (op. margin 30.0% → -230.1%). Calculated
-
↓
Fell into a net loss
Net result flipped from 63.1k NOK profit to a loss of 53.0k NOK. Calculated
-
↓
Equity eroded
Book equity 332.8k NOK → 279.8k NOK (equity ratio 81.0% → 97.6%). Calculated
-
↓
Cash fell
Bank deposits 98.5k NOK → 52.8k NOK (-46.4% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 146.9k NOK → 62.3k NOK (-57.6% YoY). Calculated