FirmaIQ
Org.nr 991 492 259 2019 → 2020 Year-over-year analysis

AKERSHUS EIENDOM HOLDING AS: årsregnskap 2020 vs 2019

Grew 6% on revenue, stronger earnings

approved 2021-04-29; registry 2021-07-13; journal 2021 480281

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSHUS EIENDOM HOLDING AS. Revenue 166.74m NOK → 175.92m NOK (+5.5%). Net result +25.76m NOK → +48.55m NOK. Equity 36.05m NOK → 24.60m NOK.

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

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

At a glance

Scorecard

Revenue
166.74m NOK 175.92m NOK
+5.5%
Operating result
-42.8k NOK -94.9k NOK
-121.8%
Net result
+25.76m NOK +48.55m NOK
+88.5%
Equity
36.05m NOK 24.60m NOK
-31.8%
Cash
6.21m NOK 4.77m NOK
-23.3%
Total assets
43.32m NOK 73.30m NOK
+69.2%

What improved

  • ↑

    Revenue rose

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

  • ↑

    Net result improved

    Net result +25.76m NOK → +48.55m NOK (net margin 15.4% → 27.6%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -42.8k NOK → -94.9k NOK (op. margin -0.0% → -0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 36.05m NOK → 24.60m NOK (equity ratio 83.2% → 33.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.21m NOK → 4.77m NOK (-23.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

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