AK SHIPPING & CHARTERING AS: årsregnskap 2021 vs 2020
Grew 32% on revenue, stronger earnings, cash halved-plus
approved 2022-08-16; registry 2022-08-29; journal 2022 906843
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AK SHIPPING & CHARTERING AS. Revenue 9.36m NOK → 12.32m NOK (+31.7%). Net result +5.97m NOK → +8.44m NOK. Equity 3.90m NOK → 2.63m NOK.
On the constructive side: revenue rose; net result improved; payroll decreased. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 9.36m NOK to 12.32m NOK (+31.7% YoY). Calculated
-
↑
Net result improved
Net result +5.97m NOK → +8.44m NOK (net margin 63.8% → 68.5%). Calculated
-
↑
Payroll decreased
Salary cost 1.50m NOK → 1 619 NOK (16% → 0% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 3.90m NOK → 2.63m NOK (equity ratio 67.7% → 37.3%). Calculated
-
↓
Cash fell
Bank deposits 4.68m NOK → 1.97m NOK (-58.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.10× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated