AKERSGATEN 73 B-E AS: årsregnskap 2020 vs 2019
Slipped into loss, cash halved-plus
approved 2021-08-27; registry 2021-09-15; journal 2021 707526
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKERSGATEN 73 B-E AS. Revenue 4.38m NOK → 4.41m NOK (+0.8%). Net result +318.3k NOK → -166.8k NOK. Equity 100.0k NOK → -66.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for AKERSGATEN 73 B-E AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 4.38m NOK to 4.41m NOK (+0.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +527.9k NOK → -20.3k NOK (op. margin 12.1% → -0.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 318.3k NOK profit to a loss of 166.8k NOK. Calculated
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↓
Equity eroded
Book equity 100.0k NOK → -66.8k NOK (equity ratio 2.9% → -0.7%). Calculated
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↓
Cash fell
Bank deposits 3.85m NOK → 197.3k NOK (-94.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -0.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.85m NOK → 197.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 2.03m NOK → 2.59m NOK (46% → 59% of revenue). Calculated