FirmaIQ
Org.nr 996 674 851 2018 → 2019 Year-over-year analysis

AKERSHUS GRUNNBORING AS: årsregnskap 2019 vs 2018

Shrank 89% on revenue, weaker earnings

approved 2020-01-29; registry 2020-02-01; journal 2020 205119

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKERSHUS GRUNNBORING AS. Revenue 13.21m NOK → 1.41m NOK (-89.3%). Net result +4.19m NOK → +54.6k NOK. Equity 2.70m NOK → 3.56m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
13.21m NOK 1.41m NOK
-89.3%
Operating result
+5.36m NOK +3.61m NOK
-32.6%
Net result
+4.19m NOK +54.6k NOK
-98.7%
Equity
2.70m NOK 3.56m NOK
+31.6%
Cash
6.65m NOK 5.97m NOK
-10.2%
Total assets
9.70m NOK 8.25m NOK
-15.0%

What improved

  • ↑

    Equity strengthened

    Book equity 2.70m NOK → 3.56m NOK (equity ratio 27.9% → 43.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.81m NOK → 3.36m NOK (29% → 238% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 13.21m NOK to 1.41m NOK (-89.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5.36m NOK → +3.61m NOK (op. margin 40.6% → 255.8%). Calculated

  • ↓

    Net result weakened

    Net result +4.19m NOK → +54.6k NOK (net margin 31.7% → 3.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.65m NOK → 5.97m NOK (-10.2% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 1.75m NOK → 2.03m NOK (+16.0% YoY). Calculated