AK BYGG OG SERVICE AS: årsregnskap 2021 vs 2020
Grew 111% on revenue, returned to profit
approved 2021-12-31; registry 2022-08-25; journal 2022 909678
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AK BYGG OG SERVICE AS. Revenue 1.66m NOK → 3.51m NOK (+111.4%). Net result -103.2k NOK → +540.3k NOK. Equity 531.1k NOK → 71.4k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AK BYGG OG SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.66m NOK to 3.51m NOK (+111.4% YoY). Calculated
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Operating result improved
Operating result -131.8k NOK → +705.5k NOK (op. margin -7.9% → 20.1%). Calculated
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Turned profitable
Net result flipped from a loss of 103.2k NOK to a profit of 540.3k NOK. Calculated
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Cash rose
Bank deposits 246.0k NOK → 747.5k NOK (+203.9% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 531.1k NOK → 71.4k NOK (equity ratio 65.2% → 12.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.01× → 0.47× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 450.8k NOK → 468.0k NOK (27% → 13% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 630.7k NOK → 733.6k NOK (+16.3% YoY). Calculated