FirmaIQ
Org.nr 951 449 644 2019 → 2020 Year-over-year analysis

AKERSHUS HANDELSSELSKAP AS: årsregnskap 2020 vs 2019

Shrank 76% on revenue, stronger earnings

approved 2021-08-19; registry 2021-09-08; journal 2021 681811

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSHUS HANDELSSELSKAP AS. Revenue 805.5k NOK → 194.8k NOK (-75.8%). Net result +8.49m NOK → +14.35m NOK. Equity 66.49m NOK → 80.84m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKERSHUS HANDELSSELSKAP AS.

At a glance

Scorecard

Revenue
805.5k NOK 194.8k NOK
-75.8%
Operating result
-267.3k NOK +150.5k NOK
+156.3%
Net result
+8.49m NOK +14.35m NOK
+69.0%
Equity
66.49m NOK 80.84m NOK
+21.6%
Cash
5.81m NOK 8.00m NOK
+37.6%
Total assets
72.53m NOK 81.81m NOK
+12.8%

What improved

  • ↑

    Operating result improved

    Operating result -267.3k NOK → +150.5k NOK (op. margin -33.2% → 77.3%). Calculated

  • ↑

    Net result improved

    Net result +8.49m NOK → +14.35m NOK (net margin 1053.8% → 7365.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 66.49m NOK → 80.84m NOK (equity ratio 91.7% → 98.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.81m NOK → 8.00m NOK (+37.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 618.5k NOK → 444.7k NOK (77% → 228% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 805.5k NOK to 194.8k NOK (-75.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.32m NOK → 2.83m NOK. Reported fact