FirmaIQ
Org.nr 817 203 612 2019 → 2020 Year-over-year analysis

AKERSGATA 20 AS: årsregnskap 2020 vs 2019

Shrank 16% on revenue, weaker earnings, cash halved-plus

approved 2021-05-26; registry 2021-07-14; journal 2021 482642

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSGATA 20 AS. Revenue 7.60m NOK → 6.39m NOK (-15.9%). Net result +4.94m NOK → +2.82m NOK. Equity 13.11m NOK → 13.40m NOK.

On the constructive side: equity strengthened. 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 20 AS.

At a glance

Scorecard

Revenue
7.60m NOK 6.39m NOK
-15.9%
Operating result
+6.53m NOK +3.82m NOK
-41.5%
Net result
+4.94m NOK +2.82m NOK
-43.0%
Equity
13.11m NOK 13.40m NOK
+2.2%
Cash
214.0k NOK 91.3k NOK
-57.3%
Total assets
23.54m NOK 23.19m NOK
-1.5%

What improved

  • ↑

    Equity strengthened

    Book equity 13.11m NOK → 13.40m NOK (equity ratio 55.7% → 57.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.60m NOK to 6.39m NOK (-15.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6.53m NOK → +3.82m NOK (op. margin 85.9% → 59.7%). Calculated

  • ↓

    Net result weakened

    Net result +4.94m NOK → +2.82m NOK (net margin 65.1% → 44.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 214.0k NOK → 91.3k NOK (-57.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.11m NOK → 693.4k NOK. Reported fact