Org.nr 983 019 951 2019 → 2020 Year-over-year analysis

AKERSELVEN EIENDOM AS: årsregnskap 2020 vs 2019

Grew 41% on revenue, stronger earnings, cash halved-plus

approved 2021-05-26; registry 2021-07-26; journal 2021 537797

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSELVEN EIENDOM AS. Revenue 2.46m NOK → 3.48m NOK (+41.3%). Net result +434.5k NOK → +905.1k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
2.46m NOK 3.48m NOK
+41.3%
Operating result
+435.2k NOK +3 520 NOK
-99.2%
Net result
+434.5k NOK +905.1k NOK
+108.3%
Equity
n/m 58.04m NOK
—
Cash
226.7k NOK 88.9k NOK
-60.8%
Total assets
60.40m NOK 61.16m NOK
+1.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.46m NOK to 3.48m NOK (+41.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +434.5k NOK → +905.1k NOK (net margin 17.6% → 26.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 11.2k NOK → 168 NOK (0% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +435.2k NOK → +3 520 NOK (op. margin 17.7% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 226.7k NOK → 88.9k NOK (-60.8% YoY). Calculated