Org.nr 925 731 633 2021 → 2022 Year-over-year analysis

AKER ASSET DEVELOPMENT AS: årsregnskap 2022 vs 2021

Grew 71091% on revenue, weaker earnings, fresh owner capital

approved 2023-06-26; registry 2023-08-01; journal 2023 633156

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AKER ASSET DEVELOPMENT AS. Revenue 14.2k NOK → 10.12m NOK (+71091.4%). Net result -153.96m NOK → -322.28m NOK. Equity 146.06m NOK → 14 NOK.

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKER ASSET DEVELOPMENT AS.

Scorecard

Revenue
14.2k NOK 10.12m NOK
+71091.4%
Operating result
-153.7k NOK -321.72m NOK
-209268.6%
Net result
-153.96m NOK -322.28m NOK
-109.3%
Equity
146.06m NOK 14 NOK
-100.0%
Cash
65.4k NOK 3.48m NOK
+5225.9%
Total assets
191.56m NOK 229.7k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.2k NOK to 10.12m NOK (+71091.4% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 65.4k NOK → 3.48m NOK (+5225.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 300 NOK → 50.79m NOK (+50.79m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -153.7k NOK → -321.72m NOK (op. margin -1080.8% → -3178.4%). Calculated

  • ↓

    Net result weakened

    Net result -153.96m NOK → -322.28m NOK (net margin -1082866.8% → -3183.9%). Calculated

  • ↓

    Equity eroded

    Book equity 146.06m NOK → 14 NOK (equity ratio 76.2% → 0.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2316.57× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 9 121 NOK → 1.87m NOK (+20380.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 88.4k NOK → 99.87m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 24 → 45. Reported fact