AKERSHUS TUNGBILSERVICE AS: årsregnskap 2020 vs 2019
Shrank 26% on revenue, slipped into loss, cash halved-plus
registry 2021-09-04; journal 2021 671344
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKERSHUS TUNGBILSERVICE AS. Revenue 18.44m NOK → 13.60m NOK (-26.2%). Net result +1.50m NOK → -2.82m NOK. Equity 4.58m NOK → 1.75m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: sharp cash drawdown; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AKERSHUS TUNGBILSERVICE AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 1.92m NOK → 1.87m NOK (10% → 14% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 18.44m NOK to 13.60m NOK (-26.2% YoY). Calculated
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↓
Operating result weakened
Operating result +1.52m NOK → -3.62m NOK (op. margin 8.3% → -26.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 1.50m NOK profit to a loss of 2.82m NOK. Calculated
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↓
Equity eroded
Book equity 4.58m NOK → 1.75m NOK (equity ratio 66.4% → 39.9%). Calculated
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↓
Cash fell
Bank deposits 2.36m NOK → 338.3k NOK (-85.6% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.36m NOK → 338.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 4.57m NOK → 1.75m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 8.84m NOK → 8.72m NOK (-1.4% YoY). Calculated