AK EIENDOMSSERVICE AS: årsregnskap 2021 vs 2020
Grew 17% on revenue, stronger earnings
approved 2022-06-24; registry 2022-07-14; journal 2022 710738
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AK EIENDOMSSERVICE AS. Revenue 1.46m NOK → 1.70m NOK (+16.5%). Net result -110.3k NOK → -77.2k NOK. Equity 11.30m NOK → 226.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. 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 EIENDOMSSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.46m NOK to 1.70m NOK (+16.5% YoY). Calculated
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Operating result improved
Operating result -126.2k NOK → -89.7k NOK (op. margin -8.7% → -5.3%). Calculated
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Net result improved
Net result -110.3k NOK → -77.2k NOK (net margin -7.6% → -4.5%). Calculated
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Cash rose
Bank deposits 151.6k NOK → 248.7k NOK (+64.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 11.30m NOK → 226.6k NOK (equity ratio 1121.5% → 19.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.00× → 0.50× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2 NOK → 667.3k NOK (0% → 39% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 375.8k NOK → 507.4k NOK (+35.0% YoY). Calculated