FirmaIQ
Org.nr 989 471 902 2018 → 2019 Year-over-year analysis

AKERSVEIEN 26 AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-06-19; registry 2020-07-28; journal 2020 617060

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKERSVEIEN 26 AS. Revenue 36.62m NOK → 37.91m NOK (+3.5%). Net result +29.77m NOK → +15.82m NOK. Equity 4.36bn NOK → 4.33bn NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AKERSVEIEN 26 AS.

At a glance

Scorecard

Revenue
36.62m NOK 37.91m NOK
+3.5%
Operating result
+27.50m NOK +19.35m NOK
-29.6%
Net result
+29.77m NOK +15.82m NOK
-46.9%
Equity
4.36bn NOK 4.33bn NOK
-0.6%
Cash
919.0k NOK 1.01m NOK
+9.6%
Total assets
392.09m NOK 376.04m NOK
-4.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 36.62m NOK to 37.91m NOK (+3.5% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 919.0k NOK → 1.01m NOK (+9.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +27.50m NOK → +19.35m NOK (op. margin 75.1% → 51.0%). Calculated

  • ↓

    Net result weakened

    Net result +29.77m NOK → +15.82m NOK (net margin 81.3% → 41.7%). Calculated

  • ↓

    Equity eroded

    Book equity 4.36bn NOK → 4.33bn NOK (equity ratio 1111.2% → 1152.2%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 7.02m NOK → 16.67m NOK (+137.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 33.5k NOK → 36.84m NOK. Reported fact