Org.nr 914 340 632 2020 → 2021 Year-over-year analysis

AKB AS: årsregnskap 2021 vs 2020

Shrank 67% on revenue, stronger earnings

approved 2022-06-30; registry 2022-08-20; journal 2022 889760

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AKB AS. Revenue 1.08m NOK → 360.0k NOK (-66.7%). Net result +5.13m NOK → +38.53m NOK. Equity 295.42m NOK → 333.95m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKB AS.

Scorecard

Revenue
1.08m NOK 360.0k NOK
-66.7%
Operating result
+795.2k NOK +134.9k NOK
-83.0%
Net result
+5.13m NOK +38.53m NOK
+650.7%
Equity
295.42m NOK 333.95m NOK
+13.0%
Cash
253.7k NOK 3.90m NOK
+1438.9%
Total assets
303.67m NOK 366.50m NOK
+20.7%

What improved

  • ↑

    Net result improved

    Net result +5.13m NOK → +38.53m NOK (net margin 474.3% → 10702.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 295.42m NOK → 333.95m NOK (equity ratio 97.3% → 91.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 253.7k NOK → 3.90m NOK (+1438.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.08m NOK to 360.0k NOK (-66.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +795.2k NOK → +134.9k NOK (op. margin 73.5% → 37.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 21.15m NOK → 36.07m NOK. Reported fact