Org.nr 984 011 202 2020 → 2021 Year-over-year analysis

AK MEKANISKE AS: årsregnskap 2021 vs 2020

Grew 48% on revenue, returned to profit, fresh owner capital

approved 2022-03-10; registry 2022-07-05; journal 2022 564684

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AK MEKANISKE AS. Revenue 157.65m NOK → 234.09m NOK (+48.5%). Net result -1.13m NOK → +2 688 NOK.

On the constructive side: revenue rose; turned profitable; cash rose. Pressures included: operating result weakened; current ratio dropped below 1×.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AK MEKANISKE AS.

Scorecard

Revenue
157.65m NOK 234.09m NOK
+48.5%
Operating result
-1.54m NOK -3.27m NOK
-112.3%
Net result
-1.13m NOK +2 688 NOK
+100.2%
Cash
2.31m NOK 2.44m NOK
+5.7%
Total assets
60.46m NOK 69.79m NOK
+15.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 157.65m NOK to 234.09m NOK (+48.5% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.13m NOK to a profit of 2 688 NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 2.31m NOK → 2.44m NOK (+5.7% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 2.33m NOK → 2.82m NOK (+491.4k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -1.54m NOK → -3.27m NOK (op. margin -1.0% → -1.4%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.11× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 91.07m NOK → 158.28m NOK (+73.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 12.83m NOK → 13.97m NOK. Reported fact