FirmaIQ
Org.nr 920 753 752 2019 → 2020 Year-over-year analysis

AKER PROPERTY GROUP AS: årsregnskap 2020 vs 2019

Grew 248% on revenue, stronger earnings

approved 2021-04-28; registry 2021-07-06; journal 2021 452369

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKER PROPERTY GROUP AS. Revenue 31.64m NOK → 110.06m NOK (+247.8%). Net result +20.35m NOK → +214.50m NOK. Equity 621.79m NOK → 17.59bn NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKER PROPERTY GROUP AS.

At a glance

Scorecard

Revenue
31.64m NOK 110.06m NOK
+247.8%
Operating result
-19.69m NOK +16.01m NOK
+181.3%
Net result
+20.35m NOK +214.50m NOK
+954.1%
Equity
621.79m NOK 17.59bn NOK
+2729.3%
Cash
4.74m NOK 51.18m NOK
+979.1%
Total assets
779.91m NOK 855.01m NOK
+9.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 31.64m NOK to 110.06m NOK (+247.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -19.69m NOK → +16.01m NOK (op. margin -62.2% → 14.6%). Calculated

  • ↑

    Net result improved

    Net result +20.35m NOK → +214.50m NOK (net margin 64.3% → 194.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 621.79m NOK → 17.59bn NOK (equity ratio 79.7% → 2057.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.74m NOK → 51.18m NOK (+979.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 20.62m NOK → 5.70m NOK (-72.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 699.99m NOK → 739.34m NOK. Reported fact