Org.nr 971 505 788 2020 → 2021 Year-over-year analysis

AKE AS: årsregnskap 2021 vs 2020

Grew 4040% on revenue, returned to profit

approved 2022-06-29; registry 2022-07-06; journal 2022 580020

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AKE AS. Revenue 23.0k NOK → 952.1k NOK (+4039.6%). Net result -53.0k NOK → +211.3k NOK. Equity 279.8k NOK → 491.0k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AKE AS.

Scorecard

Revenue
23.0k NOK 952.1k NOK
+4039.6%
Operating result
-52.9k NOK +255.9k NOK
+583.5%
Net result
-53.0k NOK +211.3k NOK
+498.4%
Equity
279.8k NOK 491.0k NOK
+75.5%
Cash
52.8k NOK 278.6k NOK
+427.5%
Total assets
286.6k NOK 266.4k NOK
-7.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 23.0k NOK to 952.1k NOK (+4039.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -52.9k NOK → +255.9k NOK (op. margin -230.1% → 26.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 53.0k NOK to a profit of 211.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 279.8k NOK → 491.0k NOK (equity ratio 97.6% → 184.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 52.8k NOK → 278.6k NOK (+427.5% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 42.14× → 0.34× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 62.3k NOK → 660.0k NOK (+960.0% YoY). Calculated