FirmaIQ
Org.nr 996 674 851 2019 → 2020 Year-over-year analysis

AKERSHUS GRUNNBORING AS: årsregnskap 2020 vs 2019

Grew 766% on revenue, stronger earnings

approved 2021-02-10; registry 2021-02-13; journal 2021 116026

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSHUS GRUNNBORING AS. Revenue 1.41m NOK → 12.23m NOK (+766.0%). Net result +54.6k NOK → +3.41m NOK. Equity 3.56m NOK → 3.97m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AKERSHUS GRUNNBORING AS.

At a glance

Scorecard

Revenue
1.41m NOK 12.23m NOK
+766.0%
Operating result
+3.61m NOK +4.28m NOK
+18.5%
Net result
+54.6k NOK +3.41m NOK
+6142.2%
Equity
3.56m NOK 3.97m NOK
+11.5%
Cash
5.97m NOK 6.96m NOK
+16.7%
Total assets
8.25m NOK 12.89m NOK
+56.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.41m NOK to 12.23m NOK (+766.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.61m NOK → +4.28m NOK (op. margin 255.8% → 35.0%). Calculated

  • ↑

    Net result improved

    Net result +54.6k NOK → +3.41m NOK (net margin 3.9% → 27.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.56m NOK → 3.97m NOK (equity ratio 43.1% → 30.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.97m NOK → 6.96m NOK (+16.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.36m NOK → 3.80m NOK (238% → 31% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 2.03m NOK → 1.64m NOK (-19.0% YoY). Calculated