AKERSHUS KONSULENT- OG UTLEIE SERVICE AS: årsregnskap 2020 vs 2019
Shrank 63% on revenue, cash halved-plus
approved 2021-02-01; registry 2021-02-03; journal 2021 112545
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKERSHUS KONSULENT- OG UTLEIE SERVICE AS. Revenue 254.1k NOK → 94.7k NOK (-62.7%). Net result +2 006 NOK → +1 394 NOK. Equity 34.5k NOK → 35.9k NOK.
On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKERSHUS KONSULENT- OG UTLEIE SERVICE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 34.5k NOK → 35.9k NOK (equity ratio 20.6% → 39.5%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.95× → 1.14×. Calculated
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↑
Payroll decreased
Salary cost 10.2k NOK → 1 141 NOK (4% → 1% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 254.1k NOK to 94.7k NOK (-62.7% YoY). Calculated
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↓
Operating result weakened
Operating result +1 880 NOK → +1 774 NOK (op. margin 0.7% → 1.9%). Calculated
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↓
Cash fell
Bank deposits 109.7k NOK → 33.8k NOK (-69.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 177.5k NOK → 59.4k NOK (-66.6% YoY). Calculated