AKERSHUS ENTREPRENØR HOLDING AS: årsregnskap 2020 vs 2019
Shrank 35% on revenue, slipped into loss, cash halved-plus
approved 2021-05-19; registry 2021-06-03; journal 2021 381378
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKERSHUS ENTREPRENØR HOLDING AS. Revenue 643.4k NOK → 418.7k NOK (-34.9%). Net result +16.6k NOK → -51.4k NOK. Equity -51.6k NOK → -103.0k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSHUS ENTREPRENØR HOLDING AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 643.4k NOK to 418.7k NOK (-34.9% YoY). Calculated
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Operating result weakened
Operating result +16.7k NOK → -51.4k NOK (op. margin 2.6% → -12.3%). Calculated
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Fell into a net loss
Net result flipped from 16.6k NOK profit to a loss of 51.4k NOK. Calculated
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Equity eroded
Book equity -51.6k NOK → -103.0k NOK (equity ratio -138.9% → -1486.9%). Calculated
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Cash fell
Bank deposits 37.1k NOK → 6 926 NOK (-81.3% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -1486.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation