AKERSHUS ØKONOMI AS: årsregnskap 2020 vs 2019
Grew 8% on revenue, cash halved-plus
approved 2021-06-30; registry 2021-10-05; journal 2021 773187
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKERSHUS ØKONOMI AS. Revenue 3.24m NOK → 3.48m NOK (+7.6%). Net result +888.3k NOK → +882.0k NOK. Equity 897.8k NOK → 1 179 NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AKERSHUS ØKONOMI AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.24m NOK to 3.48m NOK (+7.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.14m NOK → +1.13m NOK (op. margin 35.3% → 32.5%). Calculated
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↓
Equity eroded
Book equity 897.8k NOK → 1 179 NOK (equity ratio 42.7% → 0.1%). Calculated
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↓
Cash fell
Bank deposits 804.1k NOK → 125.4k NOK (-84.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.39m NOK → 1.60m NOK (43% → 46% of revenue). Calculated