AKERSHUS BYGG & BOLIGSERVICE AS: årsregnskap 2020 vs 2019
Grew 19% on revenue, weaker earnings
approved 2021-07-06; registry 2021-07-27; journal 2021 545062
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKERSHUS BYGG & BOLIGSERVICE AS. Revenue 3.98m NOK → 4.72m NOK (+18.5%). Net result -147.0k NOK → -553.8k NOK. Equity 2.86m NOK → 310.6k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKERSHUS BYGG & BOLIGSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.98m NOK to 4.72m NOK (+18.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.70m NOK → 2.35m NOK (68% → 50% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -89.7k NOK → -514.8k NOK (op. margin -2.3% → -10.9%). Calculated
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↓
Net result weakened
Net result -147.0k NOK → -553.8k NOK (net margin -3.7% → -11.7%). Calculated
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↓
Equity eroded
Book equity 2.86m NOK → 310.6k NOK (equity ratio 154.4% → 19.7%). Calculated
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↓
Cash fell
Bank deposits 193.2k NOK → 107.8k NOK (-44.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 636.0k NOK → 211.0k NOK (-66.8% YoY). Calculated