FirmaIQ
Org.nr 979 334 974 2020 → 2021 Year-over-year analysis

ACK ARKITEKTER AS: årsregnskap 2021 vs 2020

Shrank 76% on revenue, slipped into loss

registry 2022-08-11; journal 2022 850172

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ACK ARKITEKTER AS. Revenue 2.77m NOK → 658.7k NOK (-76.3%). Net result +241.2k NOK → -477.8k NOK. Equity 278.9k NOK → -198.9k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACK ARKITEKTER AS.

At a glance

Scorecard

Revenue
2.77m NOK 658.7k NOK
-76.3%
Operating result
+264.4k NOK -419.1k NOK
-258.5%
Net result
+241.2k NOK -477.8k NOK
-298.1%
Equity
278.9k NOK -198.9k NOK
-171.3%
Cash
819.8k NOK 789.4k NOK
-3.7%
Total assets
2.61m NOK 1.22m NOK
-53.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.77m NOK to 658.7k NOK (-76.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +264.4k NOK → -419.1k NOK (op. margin 9.5% → -63.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 241.2k NOK profit to a loss of 477.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 278.9k NOK → -198.9k NOK (equity ratio 10.7% → -16.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 819.8k NOK → 789.4k NOK (-3.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -16.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 49.8k NOK → 37.1k NOK (-25.5% YoY). Calculated