AKERSHUS BYGG- OG VEDLIKEHOLD AS: årsregnskap 2020 vs 2019
Shrank 17% on revenue, returned to profit
approved 2021-08-20; registry 2021-09-29; journal 2021 832056
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKERSHUS BYGG- OG VEDLIKEHOLD AS. Revenue 322.8k NOK → 269.5k NOK (-16.5%). Net result -105.3k NOK → +41.0k NOK. Equity -240.6k NOK → -199.5k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cogs moved.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSHUS BYGG- OG VEDLIKEHOLD AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -104.3k NOK → +41.8k NOK (op. margin -32.3% → 15.5%). Calculated
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Turned profitable
Net result flipped from a loss of 105.3k NOK to a profit of 41.0k NOK. Calculated
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Equity strengthened
Book equity -240.6k NOK → -199.5k NOK (equity ratio -225.2% → -375.8%). Calculated
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Cash rose
Bank deposits 24.0k NOK → 32.0k NOK (+33.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 322.8k NOK to 269.5k NOK (-16.5% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 77.3k NOK → 90.3k NOK (+16.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -375.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation