AKERSHUS REVISJON AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-06-30; registry 2021-08-12; journal 2021 604668
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKERSHUS REVISJON AS. Revenue 19.23m NOK → 20.17m NOK (+4.9%). Net result +29.7k NOK → +48.1k NOK. Equity 3.53m NOK → 582.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AKERSHUS REVISJON AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 19.23m NOK to 20.17m NOK (+4.9% YoY). Calculated
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Operating result improved
Operating result +28.1k NOK → +37.4k NOK (op. margin 0.1% → 0.2%). Calculated
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Net result improved
Net result +29.7k NOK → +48.1k NOK (net margin 0.2% → 0.2%). Calculated
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Cash rose
Bank deposits 6.25m NOK → 7.87m NOK (+26.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 6.45m NOK → 6.42m NOK (34% → 32% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 3.53m NOK → 582.5k NOK (equity ratio 33.5% → 4.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 12.5k NOK → 16.3k NOK. Reported fact