Org.nr 923 413 340 2020 → 2021 Year-over-year analysis

AKAB BYGG AS: årsregnskap 2021 vs 2020

Grew 885% on revenue, stronger earnings

approved 2021-12-31; registry 2022-07-11; journal 2022 677663

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AKAB BYGG AS. Revenue 98.4k NOK → 968.5k NOK (+884.7%). Net result -53.0k NOK → -28.0k NOK. Equity -50.2k NOK → -78.2k NOK.

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

Also worth watching: thin equity buffer; payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for AKAB BYGG AS.

Scorecard

Revenue
98.4k NOK 968.5k NOK
+884.7%
Operating result
-38.5k NOK -22.5k NOK
+41.6%
Net result
-53.0k NOK -28.0k NOK
+47.2%
Equity
-50.2k NOK -78.2k NOK
-55.8%
Cash
86.1k NOK 58.2k NOK
-32.3%
Total assets
280.8k NOK 209.7k NOK
-25.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 98.4k NOK to 968.5k NOK (+884.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -38.5k NOK → -22.5k NOK (op. margin -39.2% → -2.3%). Calculated

  • ↑

    Net result improved

    Net result -53.0k NOK → -28.0k NOK (net margin -53.9% → -2.9%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -50.2k NOK → -78.2k NOK (equity ratio -17.9% → -37.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 86.1k NOK → 58.2k NOK (-32.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -37.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 2 NOK → 2.84m NOK (0% → 293% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 0. Reported fact