FirmaIQ
Org.nr 926 076 485 2019 → 2020 Year-over-year analysis

AKERSGATEN 30 AS: årsregnskap 2020 vs 2019

Grew 5% on revenue, weaker earnings

approved 2021-06-30; registry 2021-09-25; journal 2021 739549

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSGATEN 30 AS. Revenue 9.56m NOK → 10.04m NOK (+5.0%). Net result +8.74m NOK → +6.98m NOK. Equity 33.35m NOK → 30.99m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKERSGATEN 30 AS.

At a glance

Scorecard

Revenue
9.56m NOK 10.04m NOK
+5.0%
Operating result
+7.08m NOK +7.59m NOK
+7.2%
Net result
+8.74m NOK +6.98m NOK
-20.2%
Equity
33.35m NOK 30.99m NOK
-7.1%
Cash
786.3k NOK 3.50m NOK
+344.9%
Total assets
81.86m NOK 83.39m NOK
+1.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.56m NOK to 10.04m NOK (+5.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +7.08m NOK → +7.59m NOK (op. margin 74.1% → 75.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 786.3k NOK → 3.50m NOK (+344.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 270.4k NOK → 247.1k NOK (3% → 2% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +8.74m NOK → +6.98m NOK (net margin 91.5% → 69.5%). Calculated

  • ↓

    Equity eroded

    Book equity 33.35m NOK → 30.99m NOK (equity ratio 40.7% → 37.2%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 8.02m NOK → 6.73m NOK. Reported fact