FirmaIQ
Org.nr 924 115 181 2019 → 2020 Year-over-year analysis

AKERSGATA 51 AS: årsregnskap 2020 vs 2019

Grew 2010062% on revenue, stronger earnings

approved 2021-03-01; registry 2021-07-15; journal 2021 493972

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSGATA 51 AS. Revenue 1 731 NOK → 34.80m NOK (+2010061.5%). Net result +684.9k NOK → +12.82m NOK. Equity 438.28m NOK → 432.84m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKERSGATA 51 AS.

At a glance

Scorecard

Revenue
1 731 NOK 34.80m NOK
+2010061.5%
Operating result
+878.1k NOK +16.40m NOK
+1767.8%
Net result
+684.9k NOK +12.82m NOK
+1772.0%
Equity
438.28m NOK 432.84m NOK
-1.2%
Total assets
485.19m NOK 502.66m NOK
+3.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 731 NOK to 34.80m NOK (+2010061.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +878.1k NOK → +16.40m NOK (op. margin 50730.1% → 47.1%). Calculated

  • ↑

    Net result improved

    Net result +684.9k NOK → +12.82m NOK (net margin 39569.5% → 36.9%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 438.28m NOK → 432.84m NOK (equity ratio 90.3% → 86.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 1.62m NOK. Reported fact