Org.nr 913 145 275 2020 → 2021 Year-over-year analysis

AK-TEK AS: årsregnskap 2021 vs 2020

Shrank 16% on revenue, weaker earnings

approved 2022-05-06; registry 2022-06-01; journal 2022 390907

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AK-TEK AS. Revenue 2.34m NOK → 1.97m NOK (-15.9%). Net result +361.5k NOK → +28.6k NOK. Equity 1.41m NOK → 336.6k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AK-TEK AS.

Scorecard

Revenue
2.34m NOK 1.97m NOK
-15.9%
Operating result
+467.7k NOK +40.7k NOK
-91.3%
Net result
+361.5k NOK +28.6k NOK
-92.1%
Equity
1.41m NOK 336.6k NOK
-76.1%
Cash
751.0k NOK 387.0k NOK
-48.5%
Total assets
2.03m NOK 2.02m NOK
-0.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.34m NOK to 1.97m NOK (-15.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +467.7k NOK → +40.7k NOK (op. margin 20.0% → 2.1%). Calculated

  • ↓

    Net result weakened

    Net result +361.5k NOK → +28.6k NOK (net margin 15.5% → 1.5%). Calculated

  • ↓

    Equity eroded

    Book equity 1.41m NOK → 336.6k NOK (equity ratio 69.5% → 16.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 751.0k NOK → 387.0k NOK (-48.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 775.1k NOK → 747.7k NOK (-3.5% YoY). Calculated