Org.nr 922 353 530 2019 → 2020 Year-over-year analysis

AKERSHUS ENERGI VIND AS: årsregnskap 2020 vs 2019

Grew 6304% on revenue, returned to profit, fresh owner capital

approved 2021-05-21; registry 2021-06-21; journal 2021 357329

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSHUS ENERGI VIND AS. Revenue 83 NOK → 5 315 NOK (+6303.6%). Net result -2.65m NOK → +16.36m NOK. Equity 17.38m NOK → 34.23m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened; current ratio dropped below 1×.

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

Scorecard

Revenue
83 NOK 5 315 NOK
+6303.6%
Operating result
-2.64m NOK -4.41m NOK
-67.1%
Net result
-2.65m NOK +16.36m NOK
+717.5%
Equity
17.38m NOK 34.23m NOK
+97.0%
Cash
4 NOK 200.1k NOK
+5002500.0%
Total assets
27.55m NOK 298.95m NOK
+985.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 83 NOK to 5 315 NOK (+6303.6% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.65m NOK to a profit of 16.36m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 17.38m NOK → 34.23m NOK (equity ratio 63.1% → 11.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 4 NOK → 200.1k NOK (+5002500.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 20.0k NOK → 20.52m NOK (+20.50m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -2.64m NOK → -4.41m NOK (op. margin -3182615.7% → -83025.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1967.89× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 61.5k NOK → 297 NOK. Reported fact