Org.nr 995 107 171 2019 → 2020 Year-over-year analysis

AKERSHAVE EIENDOM AS: årsregnskap 2020 vs 2019

Shrank 99% on revenue, stronger earnings

approved 2021-05-26; registry 2021-07-03; journal 2021 436134

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSHAVE EIENDOM AS. Revenue 455.6k NOK → 3 558 NOK (-99.2%). Net result -3.74m NOK → -2.54m NOK.

On the constructive side: net result improved; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened.

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

Scorecard

Revenue
455.6k NOK 3 558 NOK
-99.2%
Operating result
+130.4k NOK -235.7k NOK
-280.8%
Net result
-3.74m NOK -2.54m NOK
+32.0%
Equity
n/m 35.80m NOK
—
Cash
51.7k NOK 249.6k NOK
+382.5%
Total assets
162.13m NOK 161.87m NOK
-0.2%

What improved

  • ↑

    Net result improved

    Net result -3.74m NOK → -2.54m NOK (net margin -821.7% → -71513.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 51.7k NOK → 249.6k NOK (+382.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.56× → 222.73×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 455.6k NOK to 3 558 NOK (-99.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +130.4k NOK → -235.7k NOK (op. margin 28.6% → -6623.3%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 162.08m NOK → 160.72m NOK. Reported fact