AKERSHUS FORSIKRINGS FORMIDLING AS: årsregnskap 2019 vs 2018
Shrank 93% on revenue, stronger earnings
approved 2020-06-17; registry 2020-07-07; journal 2020 540225
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKERSHUS FORSIKRINGS FORMIDLING AS. Revenue 1.07m NOK → 71.0k NOK (-93.3%). Net result +4 066 NOK → +89.2k NOK. Equity 142.6k NOK → 231.8k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKERSHUS FORSIKRINGS FORMIDLING AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +7 397 NOK → +111.2k NOK (op. margin 0.7% → 156.7%). Calculated
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Net result improved
Net result +4 066 NOK → +89.2k NOK (net margin 0.4% → 125.7%). Calculated
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Equity strengthened
Book equity 142.6k NOK → 231.8k NOK (equity ratio 29.9% → 39.6%). Calculated
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Cash rose
Bank deposits 150.3k NOK → 214.0k NOK (+42.4% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.07m NOK to 71.0k NOK (-93.3% YoY). Calculated
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Payroll up without matching revenue
Salary cost 594.6k NOK → 627.4k NOK (56% → 884% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 109.2k NOK → 4 277 NOK (-96.1% YoY). Calculated
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Book investments changed
Investment / intangible book value 15.0k NOK → 46.9k NOK. Reported fact