Org.nr 816 204 372 2020 → 2021 Year-over-year analysis

AKASIA GRAVSTELL AS: årsregnskap 2021 vs 2020

Shrank 29% on revenue, weaker earnings

approved 2022-06-15; registry 2022-07-18; journal 2022 660954

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AKASIA GRAVSTELL AS. Revenue 27.75m NOK → 19.70m NOK (-29.0%). Net result +2.24m NOK → +1.14m NOK. Equity -1.35m NOK → -210.0k NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKASIA GRAVSTELL AS.

Scorecard

Revenue
27.75m NOK 19.70m NOK
-29.0%
Operating result
+2.39m NOK +946.3k NOK
-60.4%
Net result
+2.24m NOK +1.14m NOK
-49.2%
Equity
-1.35m NOK -210.0k NOK
+84.5%
Cash
2.97m NOK 27.95m NOK
+839.6%
Total assets
33.12m NOK 30.93m NOK
-6.6%

What improved

  • ↑

    Equity strengthened

    Book equity -1.35m NOK → -210.0k NOK (equity ratio -4.1% → -0.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.97m NOK → 27.95m NOK (+839.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 27.75m NOK to 19.70m NOK (-29.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.39m NOK → +946.3k NOK (op. margin 8.6% → 4.8%). Calculated

  • ↓

    Net result weakened

    Net result +2.24m NOK → +1.14m NOK (net margin 8.1% → 5.8%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 5.02m NOK → 3.94m NOK (-21.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 24.45m NOK → 24.4k NOK. Reported fact