FirmaIQ
Org.nr 922 228 965 2019 → 2020 Year-over-year analysis

AKER LÅS OG NØKKEL AS: årsregnskap 2020 vs 2019

Grew 9% on revenue, stronger earnings, cash halved-plus

approved 2021-08-31; registry 2021-09-16; journal 2021 715140

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKER LÅS OG NØKKEL AS. Revenue 21.18m NOK → 23.14m NOK (+9.3%). Net result +1.14m NOK → +2.59m NOK. Equity 6.64m NOK → 9.24m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AKER LÅS OG NØKKEL AS.

At a glance

Scorecard

Revenue
21.18m NOK 23.14m NOK
+9.3%
Operating result
+1.46m NOK +3.34m NOK
+129.5%
Net result
+1.14m NOK +2.59m NOK
+128.2%
Equity
6.64m NOK 9.24m NOK
+39.0%
Cash
558.1k NOK 24.6k NOK
-95.6%
Total assets
10.58m NOK 12.63m NOK
+19.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 21.18m NOK to 23.14m NOK (+9.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.46m NOK → +3.34m NOK (op. margin 6.9% → 14.4%). Calculated

  • ↑

    Net result improved

    Net result +1.14m NOK → +2.59m NOK (net margin 5.4% → 11.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.64m NOK → 9.24m NOK (equity ratio 62.8% → 73.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 5 411 NOK → 5.41m NOK (+5.41m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 558.1k NOK → 24.6k NOK (-95.6% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 7 567 NOK → 8.01m NOK (+105719.7% YoY). Calculated