AK SELSKAP AS: årsregnskap 2021 vs 2020
Shrank 24% on revenue, slipped into loss, cash halved-plus
approved 2022-06-30; registry 2022-07-11; journal 2022 618612
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AK SELSKAP AS. Revenue 12.27m NOK → 9.36m NOK (-23.7%). Net result +530.9k NOK → -156.3k NOK. Equity -497.6k NOK → -653.9k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AK SELSKAP AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 12.27m NOK to 9.36m NOK (-23.7% YoY). Calculated
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Operating result weakened
Operating result +551.4k NOK → -152.3k NOK (op. margin 4.5% → -1.6%). Calculated
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Fell into a net loss
Net result flipped from 530.9k NOK profit to a loss of 156.3k NOK. Calculated
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Equity eroded
Book equity -497.6k NOK → -653.9k NOK (equity ratio -27.9% → -65.9%). Calculated
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Cash fell
Bank deposits 277.3k NOK → 90.5k NOK (-67.4% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -65.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 9.19m NOK → 7.14m NOK (-22.3% YoY). Calculated