Org.nr 919 360 534 2019 → 2020 Year-over-year analysis

AKERSHUS BIL & BYGGMEGLER AS: årsregnskap 2020 vs 2019

Grew 36278% on revenue, returned to profit

approved 2021-07-16; registry 2021-07-19; journal 2021 581678

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSHUS BIL & BYGGMEGLER AS. Revenue 5 637 NOK → 2.05m NOK (+36278.0%). Net result -19.8k NOK → +11.5k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKERSHUS BIL & BYGGMEGLER AS.

At a glance

Revenue

5 637 NOK 2.05m NOK

+36278.0%

Operating result

-19.8k NOK +12.0k NOK

+160.8%

Net result

-19.8k NOK +11.5k NOK

+158.3%

Equity

n/m 48.8k NOK

—

Cash

71.9k NOK 171.3k NOK

+138.3%

Total assets

86.2k NOK 398.5k NOK

+362.1%

↑
Revenue rose

Operating income / revenue moved from 5 637 NOK to 2.05m NOK (+36278.0% YoY). Calculated
↑
Operating result improved

Operating result -19.8k NOK → +12.0k NOK (op. margin -350.8% → 0.6%). Calculated
↑
Turned profitable

Net result flipped from a loss of 19.8k NOK to a profit of 11.5k NOK. Calculated
↑
Cash rose

Bank deposits 71.9k NOK → 171.3k NOK (+138.3% YoY). Calculated

↓
Current ratio dropped below 1×

Current ratio 1.76× → 0.49× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated