Org.nr 990 687 544 2020 → 2021 Year-over-year analysis

AKANTI AS: årsregnskap 2021 vs 2020

Weaker earnings, cash halved-plus

approved 2022-06-23; registry 2022-06-29; journal 2022 537372

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AKANTI AS. Revenue 8.29m NOK → 8.14m NOK (-1.9%). Net result +144.0k NOK → +100.0k NOK.

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

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AKANTI AS.

At a glance

Revenue

8.29m NOK 8.14m NOK

-1.9%

Operating result

+229.6k NOK +150.5k NOK

-34.4%

Net result

+144.0k NOK +100.0k NOK

-30.6%

Equity

-333.4k NOK n/m

—

Cash

3.15m NOK 378.7k NOK

-88.0%

Total assets

4.00m NOK 931.3k NOK

-76.7%

↓
Revenue fell

Operating income / revenue moved from 8.29m NOK to 8.14m NOK (-1.9% YoY). Calculated
↓
Operating result weakened

Operating result +229.6k NOK → +150.5k NOK (op. margin 2.8% → 1.9%). Calculated
↓
Net result weakened

Net result +144.0k NOK → +100.0k NOK (net margin 1.7% → 1.2%). Calculated
↓
Cash fell

Bank deposits 3.15m NOK → 378.7k NOK (-88.0% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 1.13m NOK → 1.90m NOK (14% → 23% of revenue). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (3.15m NOK → 378.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation