FirmaIQ
Org.nr 973 196 898 2018 → 2019 Year-over-year analysis

AKERSHUS HÅNDTVERKSTJENESTER AS: årsregnskap 2019 vs 2018

Grew 244% on revenue, stronger earnings

approved 2020-08-30; registry 2020-10-05; journal 2020 905675

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKERSHUS HÅNDTVERKSTJENESTER AS. Revenue 439.8k NOK → 1.51m NOK (+244.3%). Net result +27.2k NOK → +278.3k NOK. Equity -453.9k NOK → -175.5k NOK.

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

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

At a glance

Scorecard

Revenue
439.8k NOK 1.51m NOK
+244.3%
Operating result
+27.2k NOK +280.7k NOK
+932.1%
Net result
+27.2k NOK +278.3k NOK
+922.8%
Equity
-453.9k NOK -175.5k NOK
+61.3%
Cash
142.6k NOK 192.5k NOK
+35.0%
Total assets
730.2k NOK 687.6k NOK
-5.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 439.8k NOK to 1.51m NOK (+244.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +27.2k NOK → +280.7k NOK (op. margin 6.2% → 18.5%). Calculated

  • ↑

    Net result improved

    Net result +27.2k NOK → +278.3k NOK (net margin 6.2% → 18.4%). Calculated

  • ↑

    Equity strengthened

    Book equity -453.9k NOK → -175.5k NOK (equity ratio -62.2% → -25.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 142.6k NOK → 192.5k NOK (+35.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 630.7k NOK → 255.0k NOK (-59.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 720 NOK → 560.0k NOK. Reported fact