Org.nr 999 068 243 2019 → 2020 Year-over-year analysis

AKERSHUS KRAN OG INDUSTRI SERVICE AS: årsregnskap 2020 vs 2019

Shrank 79% on revenue, weaker earnings

approved 2021-03-19; registry 2021-04-08; journal 2021 189415

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSHUS KRAN OG INDUSTRI SERVICE AS. Revenue 1.07m NOK → 227.8k NOK (-78.6%). Net result +181.0k NOK → +27.1k NOK. Equity 603.2k NOK → 12.63m NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
1.07m NOK 227.8k NOK
-78.6%
Operating result
+181.2k NOK +26.7k NOK
-85.3%
Net result
+181.0k NOK +27.1k NOK
-85.0%
Equity
603.2k NOK 12.63m NOK
+1993.8%
Cash
254.7k NOK 430.8k NOK
+69.1%
Total assets
826.3k NOK 816.8k NOK
-1.1%

What improved

  • ↑

    Equity strengthened

    Book equity 603.2k NOK → 12.63m NOK (equity ratio 73.0% → 1546.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 254.7k NOK → 430.8k NOK (+69.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.07m NOK to 227.8k NOK (-78.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +181.2k NOK → +26.7k NOK (op. margin 17.0% → 11.7%). Calculated

  • ↓

    Net result weakened

    Net result +181.0k NOK → +27.1k NOK (net margin 17.0% → 11.9%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 276.5k NOK → 489.8k NOK (+77.1% YoY). Calculated