Org.nr 991 429 344 2019 → 2020 Year-over-year analysis

AKER DRIFT AS: årsregnskap 2020 vs 2019

Grew 48% on revenue

approved 2021-04-21; registry 2021-05-10; journal 2021 222628

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKER DRIFT AS. Revenue 16.60m NOK → 24.54m NOK (+47.9%). Net result -13.3k NOK → -17.0k NOK. Equity 441.1k NOK → 424.2k NOK.

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

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

Scorecard

Revenue
16.60m NOK 24.54m NOK
+47.9%
Operating result
-37.2k NOK -29.5k NOK
+20.5%
Net result
-13.3k NOK -17.0k NOK
-27.6%
Equity
441.1k NOK 424.2k NOK
-3.8%
Cash
2.57m NOK 2.21m NOK
-14.0%
Total assets
5.50m NOK 5.62m NOK
+2.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.60m NOK to 24.54m NOK (+47.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -37.2k NOK → -29.5k NOK (op. margin -0.2% → -0.1%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -13.3k NOK → -17.0k NOK (net margin -0.1% → -0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 441.1k NOK → 424.2k NOK (equity ratio 8.0% → 7.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.57m NOK → 2.21m NOK (-14.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation