FirmaIQ
Org.nr 986 529 551 2020 → 2021 Year-over-year analysis

AKASTOR ASA: årsregnskap 2021 vs 2020

Grew 100% on revenue, slipped into loss, cash halved-plus

approved 2022-03-25; registry 2022-08-02; journal 2022 761492

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AKASTOR ASA. Revenue 1.00m NOK → 2.00m NOK (+100.0%). Net result +724.00m NOK → -664.00m NOK. Equity 5.06bn NOK → 4.39bn NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

At a glance

Scorecard

Revenue
1.00m NOK 2.00m NOK
+100.0%
Operating result
-35.00m NOK -51.00m NOK
-45.7%
Net result
+724.00m NOK -664.00m NOK
-191.7%
Equity
5.06bn NOK 4.39bn NOK
-13.1%
Cash
316 NOK 0 NOK
-100.0%
Total assets
6.55bn NOK 5.20bn NOK
-20.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.00m NOK to 2.00m NOK (+100.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.67bn NOK → 367.0k NOK (166800% → 18% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -35.00m NOK → -51.00m NOK (op. margin -3500.0% → -2550.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 724.00m NOK profit to a loss of 664.00m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 5.06bn NOK → 4.39bn NOK (equity ratio 77.2% → 84.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.94bn NOK → 294.00m NOK (-84.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 6.54bn NOK → 5.02bn NOK. Reported fact