Org.nr 938 182 132 2019 → 2020 Year-over-year analysis

Akerrestauranter AS: årsregnskap 2020 vs 2019

Shrank 52% on revenue, stronger earnings

approved 2021-08-21; registry 2021-10-23; journal 2021 853258

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for Akerrestauranter AS. Revenue 111.80m NOK → 53.98m NOK (-51.7%). Net result +1.80m NOK → +4.52m NOK.

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

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for Akerrestauranter AS.

Scorecard

Revenue
111.80m NOK 53.98m NOK
-51.7%
Operating result
+2.35m NOK +5.98m NOK
+154.0%
Net result
+1.80m NOK +4.52m NOK
+151.6%
Equity
18.47m NOK n/m
—
Cash
44.1k NOK 1.13m NOK
+2458.5%
Total assets
48.81m NOK 42.86m NOK
-12.2%

What improved

  • ↑

    Operating result improved

    Operating result +2.35m NOK → +5.98m NOK (op. margin 2.1% → 11.1%). Calculated

  • ↑

    Net result improved

    Net result +1.80m NOK → +4.52m NOK (net margin 1.6% → 8.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 44.1k NOK → 1.13m NOK (+2458.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.86× → 1.22×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 111.80m NOK to 53.98m NOK (-51.7% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 17.23m NOK → 17.21m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 29.42m NOK → 11.89m NOK (-59.6% YoY). Calculated