Org.nr 914 776 279 2020 → 2021 Year-over-year analysis

AKAR FOOD AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-06-15; registry 2022-06-22; journal 2022 488964

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AKAR FOOD AS. Revenue 8.56m NOK → 8.20m NOK (-4.2%). Net result +506.2k NOK → +247.8k NOK. Equity 127.4k NOK → 2.38m NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKAR FOOD AS.

Scorecard

Revenue
8.56m NOK 8.20m NOK
-4.2%
Operating result
+647.7k NOK +659.9k NOK
+1.9%
Net result
+506.2k NOK +247.8k NOK
-51.0%
Equity
127.4k NOK 2.38m NOK
+1764.0%
Cash
398.5k NOK 1.98m NOK
+396.3%
Total assets
2.85m NOK 3.35m NOK
+17.5%

What improved

  • ↑

    Operating result improved

    Operating result +647.7k NOK → +659.9k NOK (op. margin 7.6% → 8.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 127.4k NOK → 2.38m NOK (equity ratio 4.5% → 71.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 398.5k NOK → 1.98m NOK (+396.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.56m NOK to 8.20m NOK (-4.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +506.2k NOK → +247.8k NOK (net margin 5.9% → 3.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 565.9k NOK → 658.1k NOK (7% → 8% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 6.76m NOK → 5.14m NOK (-24.0% YoY). Calculated