AKERSHUS LÅS OG SNEKKERSERVICE AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-08-15; registry 2021-08-30; journal 2021 699188
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKERSHUS LÅS OG SNEKKERSERVICE AS. Revenue 914.6k NOK → 932.3k NOK (+1.9%). Net result -67.5k NOK → -81.2k NOK. Equity -107.4k NOK → -188.6k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for AKERSHUS LÅS OG SNEKKERSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 914.6k NOK to 932.3k NOK (+1.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -36.1k NOK → -39.5k NOK (op. margin -3.9% → -4.2%). Calculated
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↓
Net result weakened
Net result -67.5k NOK → -81.2k NOK (net margin -7.4% → -8.7%). Calculated
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↓
Equity eroded
Book equity -107.4k NOK → -188.6k NOK (equity ratio -20.7% → -49.5%). Calculated
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↓
Cash fell
Bank deposits 75.6k NOK → 54.6k NOK (-27.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.25× → 0.30× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -49.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 5.27m NOK → 5.35m NOK (576% → 574% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 304.0k NOK → 174.4k NOK (-42.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 18.8k NOK → 252.9k NOK. Reported fact