FirmaIQ
Org.nr 990 310 912 2019 → 2020 Year-over-year analysis

AKEBAKKEN INVEST AS: årsregnskap 2020 vs 2019

Stronger earnings, cash halved-plus

approved 2021-05-05; registry 2021-06-05; journal 2021 389768

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKEBAKKEN INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -493.7k NOK → -106.7k NOK. Equity 1.88m NOK → 1.78m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

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

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-10.8k NOK -6 312 NOK
+41.8%
Net result
-493.7k NOK -106.7k NOK
+78.4%
Equity
1.88m NOK 1.78m NOK
-5.7%
Cash
382.2k NOK 79.5k NOK
-79.2%
Total assets
2.25m NOK 2.65m NOK
+18.2%

What improved

  • ↑

    Operating result improved

    Operating result -10.8k NOK → -6 312 NOK. Calculated

  • ↑

    Net result improved

    Net result -493.7k NOK → -106.7k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.88m NOK → 1.78m NOK (equity ratio 83.9% → 66.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 382.2k NOK → 79.5k NOK (-79.2% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.05× → 0.47× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.49m NOK → 2.23m NOK. Reported fact