Org.nr 982 910 013 2019 → 2020 Year-over-year analysis

AKERSHUS MILJØKRAFT AS: årsregnskap 2020 vs 2019

Grew 144% on revenue, slipped into loss

approved 2021-06-29; registry 2021-10-02; journal 2021 851674

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSHUS MILJØKRAFT AS. Revenue 120.5k NOK → 293.8k NOK (+143.7%). Net result +201.2k NOK → -288.1k NOK. Equity 2.70m NOK → 2.42m NOK.

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKERSHUS MILJØKRAFT AS.

Scorecard

Revenue
120.5k NOK 293.8k NOK
+143.7%
Operating result
+253.4k NOK -291.6k NOK
-215.1%
Net result
+201.2k NOK -288.1k NOK
-243.2%
Equity
2.70m NOK 2.42m NOK
-10.4%
Cash
1.90m NOK 1.92m NOK
+1.1%
Total assets
2.89m NOK 3.46m NOK
+19.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 120.5k NOK to 293.8k NOK (+143.7% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 1.90m NOK → 1.92m NOK (+1.1% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 90.2k NOK → 100.2k NOK (+10.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +253.4k NOK → -291.6k NOK (op. margin 210.2% → -99.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 201.2k NOK profit to a loss of 288.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.70m NOK → 2.42m NOK (equity ratio 93.3% → 69.8%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 197.4k NOK → 197 NOK (-99.9% YoY). Calculated