AKERSHUS ENERGI VARME AS: årsregnskap 2019 vs 2018
Grew 109978% on revenue, weaker earnings, fresh owner capital
approved 2020-05-08; registry 2020-06-15; journal 2020 436535
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKERSHUS ENERGI VARME AS. Revenue 179.3k NOK → 197.41m NOK (+109978.3%). Net result +24.63m NOK → +18.52m NOK. Equity 308.54m NOK → 327.06m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKERSHUS ENERGI VARME AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 179.3k NOK to 197.41m NOK (+109978.3% YoY). Calculated
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↑
Equity strengthened
Book equity 308.54m NOK → 327.06m NOK (equity ratio 38.1% → 39.2%). Calculated
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↑
Cash rose
Bank deposits 2 062 NOK → 22.67m NOK (+1099258.6% YoY). Calculated
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Owners injected capital
Paid-in equity rose 168.4k NOK → 168.44m NOK (+168.27m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +39.70m NOK → +34.47m NOK (op. margin 22138.2% → 17.5%). Calculated
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↓
Net result weakened
Net result +24.63m NOK → +18.52m NOK (net margin 13731.0% → 9.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 504.36× → 0.55× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 10.6k NOK → 12.93m NOK (6% → 7% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 70.7k NOK → 84.84m NOK (+119816.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1 168 NOK → 1.64m NOK. Reported fact