AKERSHUS BYGG & HÅNDTVERKSERVICE AS: årsregnskap 2020 vs 2019
Grew 73% on revenue, cash halved-plus
approved 2021-01-28; registry 2021-03-15; journal 2021 149013
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKERSHUS BYGG & HÅNDTVERKSERVICE AS. Revenue 2.75m NOK → 4.74m NOK (+72.6%). Equity 599.4k NOK → 933.3k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AKERSHUS BYGG & HÅNDTVERKSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.75m NOK to 4.74m NOK (+72.6% YoY). Calculated
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↑
Equity strengthened
Book equity 599.4k NOK → 933.3k NOK (equity ratio 61.8% → 204.4%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 697.5k NOK → 52.6k NOK (-92.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.52× → 0.81× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.15m NOK → 1.51m NOK (42% → 32% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 954.1k NOK → 236.4k NOK (-75.2% YoY). Calculated