AK TECHNOLOGY AS: årsregnskap 2021 vs 2020
Weaker earnings, cash halved-plus
approved 2022-05-23; registry 2022-05-25; journal 2022 341194
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AK TECHNOLOGY AS. Revenue 396.9k NOK → 378.6k NOK (-4.6%). Net result +78.5k NOK → +50.1k NOK. Equity 219.9k NOK → 270.0k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 219.9k NOK → 270.0k NOK (equity ratio 51.1% → 79.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 396.9k NOK to 378.6k NOK (-4.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +137.4k NOK → +25.8k NOK (op. margin 34.6% → 6.8%). Calculated
-
↓
Net result weakened
Net result +78.5k NOK → +50.1k NOK (net margin 19.8% → 13.2%). Calculated
-
↓
Cash fell
Bank deposits 116.6k NOK → 49.3k NOK (-57.7% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.53× → -2.38× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated