FirmaIQ
Org.nr 963 877 722 2019 → 2020 Year-over-year analysis

AKERSHUS EIENDOM AS: årsregnskap 2020 vs 2019

Grew 6% on revenue

approved 2021-04-29; registry 2021-07-13; journal 2021 476797

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSHUS EIENDOM AS. Revenue 166.74m NOK → 175.92m NOK (+5.5%). Net result +38.37m NOK → +45.56m NOK. Equity 15.93m NOK → 12.90m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AKERSHUS EIENDOM AS.

At a glance

Scorecard

Revenue
166.74m NOK 175.92m NOK
+5.5%
Operating result
+49.23m NOK +58.59m NOK
+19.0%
Net result
+38.37m NOK +45.56m NOK
+18.7%
Equity
15.93m NOK 12.90m NOK
-19.0%
Cash
68.10m NOK 89.61m NOK
+31.6%
Total assets
125.27m NOK 165.97m NOK
+32.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 166.74m NOK to 175.92m NOK (+5.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +49.23m NOK → +58.59m NOK (op. margin 29.5% → 33.3%). Calculated

  • ↑

    Net result improved

    Net result +38.37m NOK → +45.56m NOK (net margin 23.0% → 25.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 68.10m NOK → 89.61m NOK (+31.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 15.93m NOK → 12.90m NOK (equity ratio 12.7% → 7.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 44.64m NOK → 45.21m NOK (27% → 26% of revenue). Calculated