Org.nr 980 161 226 2020 → 2021 Year-over-year analysis

AKA SYSTEM INVEST AS: årsregnskap 2021 vs 2020

Shrank 96% on revenue, returned to profit

approved 2022-06-27; registry 2022-07-04; journal 2022 604453

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AKA SYSTEM INVEST AS. Revenue 774.3k NOK → 31.6k NOK (-95.9%). Net result -34.3k NOK → +113.4k NOK. Equity 10.23m NOK → 354.1k NOK.

On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
774.3k NOK 31.6k NOK
-95.9%
Operating result
-37.0k NOK +136.8k NOK
+469.5%
Net result
-34.3k NOK +113.4k NOK
+430.7%
Equity
10.23m NOK 354.1k NOK
-96.5%
Cash
417.2k NOK 282.7k NOK
-32.2%
Total assets
419.2k NOK 598.6k NOK
+42.8%

What improved

  • ↑

    Operating result improved

    Operating result -37.0k NOK → +136.8k NOK (op. margin -4.8% → 432.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 34.3k NOK to a profit of 113.4k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 774.3k NOK to 31.6k NOK (-95.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 10.23m NOK → 354.1k NOK (equity ratio 2441.7% → 59.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 417.2k NOK → 282.7k NOK (-32.2% YoY). Calculated