AKEO AS: årsregnskap 2022 vs 2021
Grew 29% on revenue, weaker earnings, cash halved-plus
approved 2023-06-30; registry 2023-08-15; journal 2023 685506
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AKEO AS. Revenue 17.76m NOK → 22.84m NOK (+28.6%). Net result +6.81m NOK → +1.29m NOK. Equity 8.22m NOK → 1.51m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKEO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 17.76m NOK to 22.84m NOK (+28.6% YoY). Calculated
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↑
Operating result improved
Operating result +740.9k NOK → +1.91m NOK (op. margin 4.2% → 8.4%). Calculated
What deteriorated
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↓
Net result weakened
Net result +6.81m NOK → +1.29m NOK (net margin 38.3% → 5.6%). Calculated
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↓
Equity eroded
Book equity 8.22m NOK → 1.51m NOK (equity ratio 147.3% → 15.3%). Calculated
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↓
Cash fell
Bank deposits 1.53m NOK → 456.6k NOK (-70.2% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (1.53m NOK → 456.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 8.08m NOK → 13.61m NOK (+68.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1 999 NOK → 0 NOK. Reported fact