Org.nr 834 119 552 2019 → 2020 Year-over-year analysis

AKERSHUS AMTSTIDENDE AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-05-12; registry 2021-07-13; journal 2021 480279

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSHUS AMTSTIDENDE AS. Revenue 29.30m NOK → 29.01m NOK (-1.0%). Net result +2.89m NOK → +3.50m NOK. Equity 1.41m NOK → 1.09m NOK.

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

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AKERSHUS AMTSTIDENDE AS.

Scorecard

Revenue
29.30m NOK 29.01m NOK
-1.0%
Operating result
+3.60m NOK +4.46m NOK
+23.7%
Net result
+2.89m NOK +3.50m NOK
+21.1%
Equity
1.41m NOK 1.09m NOK
-22.4%
Total assets
11.14m NOK 13.31m NOK
+19.6%

What improved

  • ↑

    Operating result improved

    Operating result +3.60m NOK → +4.46m NOK (op. margin 12.3% → 15.4%). Calculated

  • ↑

    Net result improved

    Net result +2.89m NOK → +3.50m NOK (net margin 9.9% → 12.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 29.30m NOK to 29.01m NOK (-1.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.41m NOK → 1.09m NOK (equity ratio 12.6% → 8.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 9.45m NOK → 7.36m NOK (-22.1% YoY). Calculated