Org.nr 914 216 230 2019 → 2020 Year-over-year analysis

AKERSHUS BILSALG AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-09-28; registry 2021-09-30; journal 2021 836096

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSHUS BILSALG AS. Revenue 126.0k NOK → 126.0k NOK (0.0%). Net result -255.0k NOK → -14.5k NOK. Equity -415.3k NOK → -429.8k NOK.

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

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

Scorecard

Revenue
126.0k NOK 126.0k NOK
0.0%
Operating result
-312.0k NOK -18.6k NOK
+94.0%
Net result
-255.0k NOK -14.5k NOK
+94.3%
Equity
-415.3k NOK -429.8k NOK
-3.5%
Cash
11.8k NOK 11.8k NOK
0.0%
Total assets
201.6k NOK 146.5k NOK
-27.4%

What improved

  • ↑

    Operating result improved

    Operating result -312.0k NOK → -18.6k NOK (op. margin -247.6% → -14.8%). Calculated

  • ↑

    Net result improved

    Net result -255.0k NOK → -14.5k NOK (net margin -202.4% → -11.5%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -415.3k NOK → -429.8k NOK (equity ratio -206.0% → -293.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -293.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 324.7k NOK → 4 400 NOK (-98.6% YoY). Calculated