Org.nr 979 747 241 2019 → 2020 Year-over-year analysis

AKER CAPITAL SPV AS: årsregnskap 2020 vs 2019

Grew 80506% on revenue, stronger earnings, cash halved-plus

approved 2021-04-22; registry 2021-05-31; journal 2021 242631

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKER CAPITAL SPV AS. Revenue 2 582 NOK → 2.08m NOK (+80506.5%). Net result -376.8k NOK → -262.8k NOK. Equity 53.01m NOK → 52.75m NOK.

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

Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for AKER CAPITAL SPV AS.

Scorecard

Revenue
2 582 NOK 2.08m NOK
+80506.5%
Operating result
-406.7k NOK -296.3k NOK
+27.1%
Net result
-376.8k NOK -262.8k NOK
+30.3%
Equity
53.01m NOK 52.75m NOK
-0.5%
Cash
7.63m NOK 1.18m NOK
-84.5%
Total assets
54.99m NOK 53.07m NOK
-3.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 582 NOK to 2.08m NOK (+80506.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -406.7k NOK → -296.3k NOK (op. margin -15752.6% → -14.2%). Calculated

  • ↑

    Net result improved

    Net result -376.8k NOK → -262.8k NOK (net margin -14592.3% → -12.6%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 53.01m NOK → 52.75m NOK (equity ratio 96.4% → 99.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.63m NOK → 1.18m NOK (-84.5% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (7.63m NOK → 1.18m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 53.01m NOK → 52.75m NOK — check capital reduction, conversion, or reclassification. Interpretation