Org.nr 917 744 084 2019 → 2020 Year-over-year analysis

AKERSHUS BIOVARME AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-08-17; registry 2021-10-04; journal 2021 860744

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSHUS BIOVARME AS. Revenue 828.8k NOK → 828.8k NOK (+0.0%). Net result +73.5k NOK → +151.8k NOK. Equity 447.8k NOK → 599.6k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

Scorecard

Revenue
828.8k NOK 828.8k NOK
+0.0%
Operating result
+235.2k NOK +277.0k NOK
+17.8%
Net result
+73.5k NOK +151.8k NOK
+106.5%
Equity
447.8k NOK 599.6k NOK
+33.9%
Cash
294.8k NOK 370.6k NOK
+25.7%
Total assets
3.40m NOK 3.17m NOK
-6.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 828.8k NOK to 828.8k NOK (+0.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +235.2k NOK → +277.0k NOK (op. margin 28.4% → 33.4%). Calculated

  • ↑

    Net result improved

    Net result +73.5k NOK → +151.8k NOK (net margin 8.9% → 18.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 447.8k NOK → 599.6k NOK (equity ratio 13.2% → 18.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 294.8k NOK → 370.6k NOK (+25.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 175.1k NOK → 158.8k NOK (-9.3% YoY). Calculated