AKERSVEIEN 19 AS: årsregnskap 2020 vs 2019
Returned to profit, cash halved-plus
approved 2021-06-25; registry 2021-09-01; journal 2021 660342
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKERSVEIEN 19 AS. Revenue 1.91m NOK → 2.00m NOK (+4.7%). Net result -1.27m NOK → +456.0k NOK. Equity -1.07m NOK → -616.2k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AKERSVEIEN 19 AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.91m NOK to 2.00m NOK (+4.7% YoY). Calculated
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Operating result improved
Operating result -1.21m NOK → +592.1k NOK (op. margin -63.3% → 29.5%). Calculated
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Turned profitable
Net result flipped from a loss of 1.27m NOK to a profit of 456.0k NOK. Calculated
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Equity strengthened
Book equity -1.07m NOK → -616.2k NOK (equity ratio -108.9% → -17.4%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 618.7k NOK → 145.9k NOK (-76.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.24× → 0.33× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1 453 NOK → 310.7k NOK (0% → 16% of revenue). Calculated