Org.nr 912 979 326 2020 → 2021 Year-over-year analysis

ACTION POTENTIAL AS: årsregnskap 2021 vs 2020

Shrank 27% on revenue, weaker earnings

approved 2022-05-19; registry 2022-05-24; journal 2022 333608

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACTION POTENTIAL AS. Revenue 1.14m NOK → 838.9k NOK (-26.7%). Net result +342.1k NOK → +188.3k NOK. Equity 1.48m NOK → 1.27m NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACTION POTENTIAL AS.

Scorecard

Revenue
1.14m NOK 838.9k NOK
-26.7%
Operating result
+376.0k NOK +237.8k NOK
-36.7%
Net result
+342.1k NOK +188.3k NOK
-45.0%
Equity
1.48m NOK 1.27m NOK
-14.3%
Cash
151.2k NOK 1.08m NOK
+616.9%
Total assets
1.76m NOK 1.58m NOK
-10.5%

What improved

  • ↑

    Cash rose

    Bank deposits 151.2k NOK → 1.08m NOK (+616.9% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.92× → 3.49×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.14m NOK to 838.9k NOK (-26.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +376.0k NOK → +237.8k NOK (op. margin 32.8% → 28.4%). Calculated

  • ↓

    Net result weakened

    Net result +342.1k NOK → +188.3k NOK (net margin 29.9% → 22.4%). Calculated

  • ↓

    Equity eroded

    Book equity 1.48m NOK → 1.27m NOK (equity ratio 84.1% → 80.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 312.8k NOK → 370.8k NOK. Reported fact