Org.nr 994 428 152 2020 → 2021 Year-over-year analysis

AKEO AS: årsregnskap 2021 vs 2020

Grew 107% on revenue, returned to profit

approved 2022-06-30; registry 2022-07-30; journal 2022 743882

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AKEO AS. Revenue 8.58m NOK → 17.76m NOK (+106.9%). Net result -888.9k NOK → +6.81m NOK. Equity 3.05m NOK → 8.22m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

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

Scorecard

Revenue
8.58m NOK 17.76m NOK
+106.9%
Operating result
-689.9k NOK +740.9k NOK
+207.4%
Net result
-888.9k NOK +6.81m NOK
+865.8%
Equity
3.05m NOK 8.22m NOK
+169.2%
Cash
1.48m NOK 1.53m NOK
+3.4%
Total assets
10.55m NOK 5.58m NOK
-47.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.58m NOK to 17.76m NOK (+106.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -689.9k NOK → +740.9k NOK (op. margin -8.0% → 4.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 888.9k NOK to a profit of 6.81m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 3.05m NOK → 8.22m NOK (equity ratio 28.9% → 147.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.48m NOK → 1.53m NOK (+3.4% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 86.4k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 3.82m NOK → 8.08m NOK (+111.5% YoY). Calculated