FirmaIQ
Org.nr 922 570 531 2019 → 2020 Year-over-year analysis

AKER BRYGGE PUBLISHING AS: årsregnskap 2020 vs 2019

Shrank 90% on revenue, slipped into loss

approved 2021-04-16; registry 2021-05-18; journal 2021 298676

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKER BRYGGE PUBLISHING AS. Revenue 863.7k NOK → 85.4k NOK (-90.1%). Net result +2 039 NOK → -147.6k NOK. Equity 52.0k NOK → -95.6k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKER BRYGGE PUBLISHING AS.

At a glance

Scorecard

Revenue
863.7k NOK 85.4k NOK
-90.1%
Operating result
+10.2k NOK -186.6k NOK
-1920.3%
Net result
+2 039 NOK -147.6k NOK
-7341.1%
Equity
52.0k NOK -95.6k NOK
-283.7%
Cash
2 772 NOK 280.8k NOK
+10031.5%
Total assets
72.1k NOK 322.8k NOK
+347.7%

What improved

  • ↑

    Cash rose

    Bank deposits 2 772 NOK → 280.8k NOK (+10031.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 863.7k NOK to 85.4k NOK (-90.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +10.2k NOK → -186.6k NOK (op. margin 1.2% → -218.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 2 039 NOK profit to a loss of 147.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 52.0k NOK → -95.6k NOK (equity ratio 72.2% → -29.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.59× → 0.70× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -29.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation