FirmaIQ
Org.nr 947 340 204 2019 → 2020 Year-over-year analysis

Akershus Traktor A/S: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-03-19; registry 2021-09-07; journal 2021 677894

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for Akershus Traktor A/S. Revenue 921.86m NOK → 948.85m NOK (+2.9%). Net result +27.63m NOK → +21.26m NOK. Equity 82.26m NOK → 95.16m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for Akershus Traktor A/S.

At a glance

Scorecard

Revenue
921.86m NOK 948.85m NOK
+2.9%
Operating result
+76.5k NOK +31.77m NOK
+41410.7%
Net result
+27.63m NOK +21.26m NOK
-23.1%
Equity
82.26m NOK 95.16m NOK
+15.7%
Cash
4.06m NOK 5.32m NOK
+31.2%
Total assets
452.63m NOK 443.22m NOK
-2.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 921.86m NOK to 948.85m NOK (+2.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +76.5k NOK → +31.77m NOK (op. margin 0.0% → 3.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 82.26m NOK → 95.16m NOK (equity ratio 18.2% → 21.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.06m NOK → 5.32m NOK (+31.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 82.26m NOK → 90.11m NOK (+7.85m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result +27.63m NOK → +21.26m NOK (net margin 3.0% → 2.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 89.40m NOK → 93.61m NOK (10% → 10% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 759.59m NOK → 784.96m NOK (+3.3% YoY). Calculated