Org.nr 889 060 182 2019 → 2020 Year-over-year analysis

AKE INVEST AS: årsregnskap 2020 vs 2019

Shrank 41% on revenue, stronger earnings

approved 2021-06-16; registry 2021-07-05; journal 2021 445654

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKE INVEST AS. Revenue 216.0k NOK → 127.0k NOK (-41.2%). Net result +1.58m NOK → +2.09m NOK. Equity 4.36m NOK → 5.44m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKE INVEST AS.

Scorecard

Revenue
216.0k NOK 127.0k NOK
-41.2%
Operating result
+202 NOK +41.7k NOK
+20555.9%
Net result
+1.58m NOK +2.09m NOK
+31.7%
Equity
4.36m NOK 5.44m NOK
+24.9%
Cash
2 875 NOK 91.7k NOK
+3089.4%
Total assets
7.71m NOK n/m
—

What improved

  • ↑

    Operating result improved

    Operating result +202 NOK → +41.7k NOK (op. margin 0.1% → 32.9%). Calculated

  • ↑

    Net result improved

    Net result +1.58m NOK → +2.09m NOK (net margin 733.5% → 1642.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.36m NOK → 5.44m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 2 875 NOK → 91.7k NOK (+3089.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 216.0k NOK to 127.0k NOK (-41.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.01m NOK → 1.61m NOK. Reported fact