Org.nr 922 576 351 2019 → 2020 Year-over-year analysis

AKERSHUSGRUPPEN TOPCO AS: årsregnskap 2020 vs 2019

Grew 4805100% on revenue, stronger earnings, fresh owner capital

approved 2021-04-20; registry 2021-06-08; journal 2021 261199

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSHUSGRUPPEN TOPCO AS. Revenue 1 NOK → 48.1k NOK (+4805100.0%). Net result -1.24m NOK → -120.4k NOK. Equity 14.14bn NOK → 14.14bn NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKERSHUSGRUPPEN TOPCO AS.

Scorecard

Revenue
1 NOK 48.1k NOK
+4805100.0%
Operating result
-48.9k NOK -153.8k NOK
-214.4%
Net result
-1.24m NOK -120.4k NOK
+90.3%
Equity
14.14bn NOK 14.14bn NOK
-0.0%
Cash
30.0k NOK 190.7k NOK
+536.5%
Total assets
141.38m NOK 141.24m NOK
-0.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 NOK to 48.1k NOK (+4805100.0% YoY). Calculated

  • ↑

    Net result improved

    Net result -1.24m NOK → -120.4k NOK (net margin -124470900.0% → -250.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 30.0k NOK → 190.7k NOK (+536.5% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 141 NOK → 141.00m NOK (+141.00m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -48.9k NOK → -153.8k NOK (op. margin -4892000.0% → -320.1%). Calculated

  • ↓

    Equity eroded

    Book equity 14.14bn NOK → 14.14bn NOK (equity ratio 10002.1% → 10012.4%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.94× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 25.1k NOK → 66.2k NOK (2509600% → 138% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 19.0k NOK → 45.6k NOK (+139.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 141 NOK → 141.02m NOK. Reported fact