FirmaIQ
Org.nr 910 102 443 2019 → 2020 Year-over-year analysis

AKERS AVIS GRORUDDALEN AS: årsregnskap 2020 vs 2019

Shrank 12% on revenue, slipped into loss

approved 2021-07-07; registry 2021-09-28; journal 2021 746381

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKERS AVIS GRORUDDALEN AS. Revenue 18.89m NOK → 16.57m NOK (-12.3%). Net result +427.0k NOK → -253.5k NOK. Equity 18.61m NOK → 18.36m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKERS AVIS GRORUDDALEN AS.

At a glance

Scorecard

Revenue
18.89m NOK 16.57m NOK
-12.3%
Operating result
+417.7k NOK -367.4k NOK
-187.9%
Net result
+427.0k NOK -253.5k NOK
-159.4%
Equity
18.61m NOK 18.36m NOK
-1.4%
Cash
22.71m NOK 23.88m NOK
+5.2%
Total assets
26.02m NOK 26.98m NOK
+3.7%

What improved

  • ↑

    Cash rose

    Bank deposits 22.71m NOK → 23.88m NOK (+5.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 18.89m NOK to 16.57m NOK (-12.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +417.7k NOK → -367.4k NOK (op. margin 2.2% → -2.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 427.0k NOK profit to a loss of 253.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 18.61m NOK → 18.36m NOK (equity ratio 71.5% → 68.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 9.39m NOK → 8.71m NOK (-7.2% YoY). Calculated