FirmaIQ
Org.nr 921 111 347 2019 → 2020 Year-over-year analysis

AKERSGATA 18 AS: årsregnskap 2020 vs 2019

Shrank 15% on revenue, weaker earnings

approved 2021-08-30; registry 2021-10-18; journal 2021 828604

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSGATA 18 AS. Revenue 28.56m NOK → 24.13m NOK (-15.5%). Net result +4.10m NOK → +683.5k NOK. Equity -37.64m NOK → -36.96m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKERSGATA 18 AS.

At a glance

Scorecard

Revenue
28.56m NOK 24.13m NOK
-15.5%
Operating result
+18.89m NOK +14.68m NOK
-22.3%
Net result
+4.10m NOK +683.5k NOK
-83.3%
Equity
-37.64m NOK -36.96m NOK
+1.8%
Cash
3.66m NOK 9.03m NOK
+146.4%
Total assets
193.35m NOK 193.33m NOK
-0.0%

What improved

  • ↑

    Equity strengthened

    Book equity -37.64m NOK → -36.96m NOK (equity ratio -19.5% → -19.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.66m NOK → 9.03m NOK (+146.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 28.56m NOK to 24.13m NOK (-15.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +18.89m NOK → +14.68m NOK (op. margin 66.1% → 60.8%). Calculated

  • ↓

    Net result weakened

    Net result +4.10m NOK → +683.5k NOK (net margin 14.4% → 2.8%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 779.3k NOK → 367.3k NOK. Reported fact