FirmaIQ
Org.nr 951 449 644 2018 → 2019 Year-over-year analysis

AKERSHUS HANDELSSELSKAP AS: årsregnskap 2019 vs 2018

Shrank 23% on revenue, stronger earnings

approved 2020-08-28; registry 2020-09-21; journal 2020 839748

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKERSHUS HANDELSSELSKAP AS. Revenue 1.05m NOK → 805.5k NOK (-23.0%). Net result +4.18m NOK → +8.49m NOK. Equity 58.00m NOK → 66.49m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1.05m NOK 805.5k NOK
-23.0%
Operating result
n/m -267.3k NOK
—
Net result
+4.18m NOK +8.49m NOK
+103.1%
Equity
58.00m NOK 66.49m NOK
+14.6%
Cash
7.91m NOK 5.81m NOK
-26.5%
Total assets
64.44m NOK 72.53m NOK
+12.6%

What improved

  • ↑

    Net result improved

    Net result +4.18m NOK → +8.49m NOK (net margin 399.4% → 1053.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 58.00m NOK → 66.49m NOK (equity ratio 90.0% → 91.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 704.0k NOK → 618.5k NOK (67% → 77% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.05m NOK to 805.5k NOK (-23.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 7.91m NOK → 5.81m NOK (-26.5% YoY). Calculated