Org.nr 999 068 243 2018 → 2019 Year-over-year analysis

AKERSHUS KRAN OG INDUSTRI SERVICE AS: årsregnskap 2019 vs 2018

Shrank 50% on revenue

approved 2020-04-13; registry 2020-07-06; journal 2020 543555

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AKERSHUS KRAN OG INDUSTRI SERVICE AS. Revenue 2.12m NOK → 1.07m NOK (-49.8%). Net result +169.8k NOK → +181.0k NOK. Equity 784.2k NOK → 603.2k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKERSHUS KRAN OG INDUSTRI SERVICE AS.

Scorecard

Revenue
2.12m NOK 1.07m NOK
-49.8%
Operating result
+220.5k NOK +181.2k NOK
-17.8%
Net result
+169.8k NOK +181.0k NOK
+6.5%
Equity
784.2k NOK 603.2k NOK
-23.1%
Cash
451.4k NOK 254.7k NOK
-43.6%
Total assets
127.5k NOK 826.3k NOK
+548.0%

What improved

  • ↑

    Net result improved

    Net result +169.8k NOK → +181.0k NOK (net margin 8.0% → 17.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.12m NOK to 1.07m NOK (-49.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +220.5k NOK → +181.2k NOK (op. margin 10.4% → 17.0%). Calculated

  • ↓

    Equity eroded

    Book equity 784.2k NOK → 603.2k NOK (equity ratio 615.0% → 73.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 451.4k NOK → 254.7k NOK (-43.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 281.8k NOK → 276.5k NOK (-1.9% YoY). Calculated