Org.nr 998 166 659 2019 → 2020 Year-over-year analysis

AKER TECH HOUSE AS: årsregnskap 2020 vs 2019

Grew 19% on revenue, returned to profit

approved 2021-04-26; registry 2021-07-06; journal 2021 451609

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKER TECH HOUSE AS. Revenue 1.41m NOK → 1.68m NOK (+19.3%). Net result -24.52m NOK → +537.1k NOK. Equity 30.71m NOK → 31.45m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKER TECH HOUSE AS.

Scorecard

Revenue
1.41m NOK 1.68m NOK
+19.3%
Operating result
+1.07m NOK +638.3k NOK
-40.2%
Net result
-24.52m NOK +537.1k NOK
+102.2%
Equity
30.71m NOK 31.45m NOK
+2.4%
Cash
1.02m NOK 2.40m NOK
+135.4%
Total assets
155.70m NOK 71.98m NOK
-53.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.41m NOK to 1.68m NOK (+19.3% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 24.52m NOK to a profit of 537.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 30.71m NOK → 31.45m NOK (equity ratio 19.7% → 43.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.02m NOK → 2.40m NOK (+135.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.99× → 1.43×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.07m NOK → +638.3k NOK (op. margin 75.8% → 38.0%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 7 NOK → 6.85m NOK. Reported fact