AKERSHUS AMTSTIDENDE AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-05-12; registry 2021-07-13; journal 2021 480279
Summary
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.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +3.60m NOK → +4.46m NOK (op. margin 12.3% → 15.4%). Calculated
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↑
Net result improved
Net result +2.89m NOK → +3.50m NOK (net margin 9.9% → 12.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 29.30m NOK to 29.01m NOK (-1.0% YoY). Calculated
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↓
Equity eroded
Book equity 1.41m NOK → 1.09m NOK (equity ratio 12.6% → 8.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 9.45m NOK → 7.36m NOK (-22.1% YoY). Calculated