AKERSHUS MOTOR AS: årsregnskap 2020 vs 2019
Shrank 18% on revenue, stronger earnings
approved 2021-05-28; registry 2021-08-12; journal 2021 606968
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKERSHUS MOTOR AS. Revenue 10.92m NOK → 8.93m NOK (-18.3%). Net result +138.8k NOK → +347.7k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKERSHUS MOTOR AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +184.2k NOK → +455.7k NOK (op. margin 1.7% → 5.1%). Calculated
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↑
Net result improved
Net result +138.8k NOK → +347.7k NOK (net margin 1.3% → 3.9%). Calculated
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↑
Cash rose
Bank deposits 214.0k NOK → 705.9k NOK (+229.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 10.92m NOK to 8.93m NOK (-18.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 7.55m NOK → 6.40m NOK (-15.3% YoY). Calculated