AK STANG AS: årsregnskap 2021 vs 2020
Stronger earnings, cash halved-plus
approved 2022-06-30; registry 2022-07-19; journal 2022 669031
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AK STANG AS. Revenue 202.0k NOK → 202.0k NOK (0.0%). Net result -276.7k NOK → -164.1k NOK. Equity 6.22m NOK → 2.56m NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AK STANG AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -279.2k NOK → -164.1k NOK (op. margin -138.2% → -81.2%). Calculated
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↑
Net result improved
Net result -276.7k NOK → -164.1k NOK (net margin -136.9% → -81.2%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 6.22m NOK → 2.56m NOK (equity ratio 91.4% → 66.3%). Calculated
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↓
Cash fell
Bank deposits 751.2k NOK → 83.6k NOK (-88.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.30× → 0.18× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 86.0k NOK → 78.0k NOK — check capital reduction, conversion, or reclassification. Interpretation