FirmaIQ
Org.nr 976 527 569 2019 → 2020 Year-over-year analysis

AKERSHUS ELEKTRO AS: årsregnskap 2020 vs 2019

Shrank 21% on revenue, weaker earnings

approved 2021-08-18; registry 2021-09-01; journal 2021 657908

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSHUS ELEKTRO AS. Revenue 59.33m NOK → 46.76m NOK (-21.2%). Net result +5.00m NOK → +1.89m NOK. Equity 3.88m NOK → 4.56m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKERSHUS ELEKTRO AS.

At a glance

Scorecard

Revenue
59.33m NOK 46.76m NOK
-21.2%
Operating result
+6.45m NOK +2.44m NOK
-62.1%
Net result
+5.00m NOK +1.89m NOK
-62.3%
Equity
3.88m NOK 4.56m NOK
+17.7%
Cash
6.66m NOK 5.60m NOK
-16.0%
Total assets
25.72m NOK 17.82m NOK
-30.7%

What improved

  • ↑

    Equity strengthened

    Book equity 3.88m NOK → 4.56m NOK (equity ratio 15.1% → 25.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 59.33m NOK to 46.76m NOK (-21.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6.45m NOK → +2.44m NOK (op. margin 10.9% → 5.2%). Calculated

  • ↓

    Net result weakened

    Net result +5.00m NOK → +1.89m NOK (net margin 8.4% → 4.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.66m NOK → 5.60m NOK (-16.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 29.29m NOK → 21.58m NOK (-26.3% YoY). Calculated