Org.nr 923 200 185 2020 → 2021 Year-over-year analysis

AK MEK AS: årsregnskap 2021 vs 2020

Shrank 70% on revenue, slipped into loss, cash halved-plus

approved 2022-03-10; registry 2022-03-26; journal 2022 167650

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AK MEK AS. Revenue 799.5k NOK → 243.4k NOK (-69.6%). Net result +361.8k NOK → -59.6k NOK. Equity 488.3k NOK → 428.7k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AK MEK AS.

Scorecard

Revenue
799.5k NOK 243.4k NOK
-69.6%
Operating result
+464.6k NOK -63.3k NOK
-113.6%
Net result
+361.8k NOK -59.6k NOK
-116.5%
Equity
488.3k NOK 428.7k NOK
-12.2%
Cash
490.2k NOK 194.0k NOK
-60.4%
Total assets
751.5k NOK 540.3k NOK
-28.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 799.5k NOK to 243.4k NOK (-69.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +464.6k NOK → -63.3k NOK (op. margin 58.1% → -26.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 361.8k NOK profit to a loss of 59.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 488.3k NOK → 428.7k NOK (equity ratio 65.0% → 79.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 490.2k NOK → 194.0k NOK (-60.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 120.2k NOK → 94.0k NOK (-21.8% YoY). Calculated