FirmaIQ
Org.nr 992 670 630 2019 → 2020 Year-over-year analysis

AKERSGATEN 1-5 AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-06-04; registry 2021-06-29; journal 2021 415430

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSGATEN 1-5 AS. Revenue 11.46m NOK → 10.90m NOK (-4.9%). Net result +674.2k NOK → +811.2k NOK. Equity 1.11m NOK → 1.92m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKERSGATEN 1-5 AS.

At a glance

Scorecard

Revenue
11.46m NOK 10.90m NOK
-4.9%
Operating result
+5.32m NOK +5.15m NOK
-3.2%
Net result
+674.2k NOK +811.2k NOK
+20.3%
Equity
1.11m NOK 1.92m NOK
+73.1%
Cash
2.58m NOK 2.15m NOK
-16.6%
Total assets
109.39m NOK 108.07m NOK
-1.2%

What improved

  • ↑

    Net result improved

    Net result +674.2k NOK → +811.2k NOK (net margin 5.9% → 7.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.11m NOK → 1.92m NOK (equity ratio 1.0% → 1.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.46m NOK to 10.90m NOK (-4.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5.32m NOK → +5.15m NOK (op. margin 46.5% → 47.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.58m NOK → 2.15m NOK (-16.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.94m NOK → 1.93m NOK (-0.4% YoY). Calculated