AKERSHUS BYGG BRØDRE AS: årsregnskap 2020 vs 2019
Grew 31% on revenue, weaker earnings
approved 2021-05-11; registry 2021-10-30; journal 2021 886649
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKERSHUS BYGG BRØDRE AS. Revenue 8.35m NOK → 10.94m NOK (+31.0%). Net result -7 793 NOK → -320.3k NOK. Equity 479.5k NOK → 159.2k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AKERSHUS BYGG BRØDRE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.35m NOK to 10.94m NOK (+31.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -11.6k NOK → -411.4k NOK (op. margin -0.1% → -3.8%). Calculated
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↓
Net result weakened
Net result -7 793 NOK → -320.3k NOK (net margin -0.1% → -2.9%). Calculated
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↓
Equity eroded
Book equity 479.5k NOK → 159.2k NOK (equity ratio 25.7% → 7.4%). Calculated
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↓
Cash fell
Bank deposits 731.0k NOK → 511.9k NOK (-30.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 5.28m NOK → 5.57m NOK (63% → 51% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 68.6k NOK → 4.76m NOK (+6827.4% YoY). Calculated