Org.nr 992 268 824 2020 → 2021 Year-over-year analysis

AK SKOG AS: årsregnskap 2021 vs 2020

Grew 11% on revenue, returned to profit

approved 2022-03-01; registry 2022-05-04; journal 2022 255876

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AK SKOG AS. Revenue 3.60m NOK → 3.98m NOK (+10.8%). Net result -67.5k NOK → +22.6k NOK. Equity 7.11m NOK → 128.8k NOK.

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

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for AK SKOG AS.

Scorecard

Revenue
3.60m NOK 3.98m NOK
+10.8%
Operating result
-62.3k NOK +60.0k NOK
+196.4%
Net result
-67.5k NOK +22.6k NOK
+133.5%
Equity
7.11m NOK 128.8k NOK
-98.2%
Cash
143.5k NOK 143.8k NOK
+0.2%
Total assets
1.16m NOK 1.09m NOK
-6.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.60m NOK to 3.98m NOK (+10.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -62.3k NOK → +60.0k NOK (op. margin -1.7% → 1.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 67.5k NOK to a profit of 22.6k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 7.11m NOK → 128.8k NOK (equity ratio 610.2% → 11.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 13.67× → 0.80× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 72.1k NOK → 199.6k NOK (+177.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 6 → 5. Reported fact