Org.nr 993 539 112 2019 → 2020 Year-over-year analysis

AKERSHUS CONNECT AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-08-20; registry 2021-08-23; journal 2021 671454

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSHUS CONNECT AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -99.0k NOK → +967.8k NOK. Equity 386.6k NOK → 354.4k NOK.

On the constructive side: turned profitable. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKERSHUS CONNECT AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-19.0k NOK -27.5k NOK
-44.6%
Net result
-99.0k NOK +967.8k NOK
+1077.4%
Equity
386.6k NOK 354.4k NOK
-8.3%
Cash
-58.8k NOK -80.9k NOK
-37.6%
Total assets
370.6k NOK 458.5k NOK
+23.7%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 99.0k NOK to a profit of 967.8k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -19.0k NOK → -27.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 386.6k NOK → 354.4k NOK (equity ratio 104.3% → 77.3%). Calculated

  • ↓

    Cash fell

    Bank deposits -58.8k NOK → -80.9k NOK (-37.6% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.68× → -0.78× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 429.4k NOK → 539.4k NOK. Reported fact