Org.nr 921 635 168 2019 → 2020 Year-over-year analysis

AKEA AS: årsregnskap 2020 vs 2019

Shrank 100% on revenue, stronger earnings

approved 2021-08-13; registry 2021-08-16; journal 2021 638400

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKEA AS. Revenue 43.1k NOK → 0 NOK (-100.0%). Net result +30.7k NOK → +245.6k NOK. Equity 95.4k NOK → 341.0k NOK.

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

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

Scorecard

Revenue
43.1k NOK 0 NOK
-100.0%
Operating result
+39.4k NOK -3 559 NOK
-109.0%
Net result
+30.7k NOK +245.6k NOK
+699.4%
Equity
95.4k NOK 341.0k NOK
+257.4%
Cash
73.9k NOK 91.9k NOK
+24.4%
Total assets
103.9k NOK 591.9k NOK
+469.9%

What improved

  • ↑

    Net result improved

    Net result +30.7k NOK → +245.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 95.4k NOK → 341.0k NOK (equity ratio 91.9% → 57.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 73.9k NOK → 91.9k NOK (+24.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 43.1k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +39.4k NOK → -3 559 NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 30.0k NOK → 250.0k NOK. Reported fact