Org.nr 948 468 255 2020 → 2021 Year-over-year analysis

AKEB AS: årsregnskap 2021 vs 2020

Shrank 44% on revenue, weaker earnings

approved 2022-07-25; registry 2022-07-28; journal 2022 812934

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AKEB AS. Revenue 262.6k NOK → 147.8k NOK (-43.7%). Net result -146.3k NOK → -302.9k NOK. Equity 4.79m NOK → 3.98m NOK.

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

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AKEB AS.

Scorecard

Revenue
262.6k NOK 147.8k NOK
-43.7%
Operating result
-163.0k NOK -307.2k NOK
-88.4%
Net result
-146.3k NOK -302.9k NOK
-107.0%
Equity
4.79m NOK 3.98m NOK
-16.8%
Cash
1.78m NOK 1.47m NOK
-17.2%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.26× → 2.69×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 262.6k NOK to 147.8k NOK (-43.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -163.0k NOK → -307.2k NOK (op. margin -62.1% → -207.8%). Calculated

  • ↓

    Net result weakened

    Net result -146.3k NOK → -302.9k NOK (net margin -55.7% → -205.0%). Calculated

  • ↓

    Equity eroded

    Book equity 4.79m NOK → 3.98m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 1.78m NOK → 1.47m NOK (-17.2% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 3.41m NOK → 2.91m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 39.1k NOK → 8 834 NOK (-77.4% YoY). Calculated