Org.nr 982 988 241 2019 → 2020 Year-over-year analysis

AKE EIENDOM AS: årsregnskap 2020 vs 2019

Shrank 7% on revenue, weaker earnings

approved 2021-08-31; registry 2021-09-06; journal 2021 727762

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKE EIENDOM AS. Revenue 808.0k NOK → 750.8k NOK (-7.1%). Net result +131.7k NOK → +73.0k NOK. Equity 3.75m NOK → 3.82m NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
808.0k NOK 750.8k NOK
-7.1%
Operating result
+153.6k NOK +85.7k NOK
-44.2%
Net result
+131.7k NOK +73.0k NOK
-44.6%
Equity
3.75m NOK 3.82m NOK
+1.9%
Cash
2.52m NOK 2.34m NOK
-7.1%
Total assets
4.43m NOK 4.22m NOK
-4.9%

What improved

  • ↑

    Equity strengthened

    Book equity 3.75m NOK → 3.82m NOK (equity ratio 84.6% → 90.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 808.0k NOK to 750.8k NOK (-7.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +153.6k NOK → +85.7k NOK (op. margin 19.0% → 11.4%). Calculated

  • ↓

    Net result weakened

    Net result +131.7k NOK → +73.0k NOK (net margin 16.3% → 9.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.52m NOK → 2.34m NOK (-7.1% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 3 094 NOK → 28.1k NOK (+806.7% YoY). Calculated