Org.nr 986 543 201 2020 → 2021 Year-over-year analysis

AKB EIENDOM AS: årsregnskap 2021 vs 2020

Shrank 35% on revenue, weaker earnings

approved 2021-12-31; registry 2022-05-09; journal 2022 272214

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AKB EIENDOM AS. Revenue 767.5k NOK → 501.8k NOK (-34.6%). Net result +375.5k NOK → +79.9k NOK. Equity 2.74m NOK → 2.82m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
767.5k NOK 501.8k NOK
-34.6%
Operating result
+466.1k NOK +56.2k NOK
-87.9%
Net result
+375.5k NOK +79.9k NOK
-78.7%
Equity
2.74m NOK 2.82m NOK
+2.9%
Cash
121.4k NOK 158.8k NOK
+30.9%
Total assets
2.94m NOK 2.89m NOK
-1.5%

What improved

  • ↑

    Equity strengthened

    Book equity 2.74m NOK → 2.82m NOK (equity ratio 93.3% → 97.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 121.4k NOK → 158.8k NOK (+30.9% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.79× → 2.21×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 767.5k NOK to 501.8k NOK (-34.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +466.1k NOK → +56.2k NOK (op. margin 60.7% → 11.2%). Calculated

  • ↓

    Net result weakened

    Net result +375.5k NOK → +79.9k NOK (net margin 48.9% → 15.9%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6 625 NOK → 12.7k NOK. Reported fact