FirmaIQ
Org.nr 989 770 349 2019 → 2020 Year-over-year analysis

AKERSGATA 16 AS: årsregnskap 2020 vs 2019

Grew 24% on revenue, stronger earnings

approved 2021-08-26; registry 2021-09-13; journal 2021 698304

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSGATA 16 AS. Revenue 9.16m NOK → 11.38m NOK (+24.3%). Net result -10.85m NOK → -2.61m NOK. Equity 2.91m NOK → 12.26m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKERSGATA 16 AS.

At a glance

Scorecard

Revenue
9.16m NOK 11.38m NOK
+24.3%
Operating result
-7.74m NOK -1.44m NOK
+81.4%
Net result
-10.85m NOK -2.61m NOK
+75.9%
Equity
2.91m NOK 12.26m NOK
+321.0%
Cash
4 134 NOK 340.2k NOK
+8130.2%
Total assets
120.29m NOK 144.94m NOK
+20.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.16m NOK to 11.38m NOK (+24.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -7.74m NOK → -1.44m NOK (op. margin -84.6% → -12.6%). Calculated

  • ↑

    Net result improved

    Net result -10.85m NOK → -2.61m NOK (net margin -118.5% → -22.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.91m NOK → 12.26m NOK (equity ratio 2.4% → 8.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 4 134 NOK → 340.2k NOK (+8130.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.51m NOK → 3.16m NOK. Reported fact