AKERHAUGEN FRUKT AS: årsregnskap 2020 vs 2019
Grew 92% on revenue, slipped into loss, cash halved-plus
approved 2021-08-31; registry 2021-10-23; journal 2021 890362
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKERHAUGEN FRUKT AS. Revenue 265.9k NOK → 510.9k NOK (+92.2%). Net result +84.7k NOK → -201.2k NOK. Equity 379.1k NOK → 177.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKERHAUGEN FRUKT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 265.9k NOK to 510.9k NOK (+92.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +141.4k NOK → -120.1k NOK (op. margin 53.2% → -23.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 84.7k NOK profit to a loss of 201.2k NOK. Calculated
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↓
Equity eroded
Book equity 379.1k NOK → 177.9k NOK (equity ratio 15.8% → 7.2%). Calculated
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↓
Cash fell
Bank deposits 892.0k NOK → 90.1k NOK (-89.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 28.2k NOK → 241.9k NOK (+757.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 200 NOK → 200.2k NOK. Reported fact