Org.nr 983 019 978 2019 → 2020 Year-over-year analysis

AKERSHAVE APARTMENTS AS: årsregnskap 2020 vs 2019

Shrank 52% on revenue, weaker earnings

approved 2021-05-26; registry 2021-07-03; journal 2021 436128

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSHAVE APARTMENTS AS. Revenue 4.12m NOK → 1.98m NOK (-52.1%). Net result +739.7k NOK → +147.3k NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKERSHAVE APARTMENTS AS.

Scorecard

Revenue
4.12m NOK 1.98m NOK
-52.1%
Operating result
+731.9k NOK +147.7k NOK
-79.8%
Net result
+739.7k NOK +147.3k NOK
-80.1%
Equity
n/m -336.0k NOK
—
Cash
377.3k NOK 393.2k NOK
+4.2%
Total assets
2.64m NOK 5.45m NOK
+106.1%

What improved

  • ↑

    Cash rose

    Bank deposits 377.3k NOK → 393.2k NOK (+4.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.12m NOK to 1.98m NOK (-52.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +731.9k NOK → +147.7k NOK (op. margin 17.8% → 7.5%). Calculated

  • ↓

    Net result weakened

    Net result +739.7k NOK → +147.3k NOK (net margin 17.9% → 7.5%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 393.6k NOK → 175.6k NOK (-55.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 10.0k NOK → 2.01m NOK. Reported fact