Org.nr 925 218 855 2020 → 2021 Year-over-year analysis

AKER OFFSHORE WIND OPERATING COMPANY AS: årsregnskap 2021 vs 2020

Grew 494853% on revenue, weaker earnings, fresh owner capital

approved 2022-06-15; registry 2022-07-28; journal 2022 726304

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AKER OFFSHORE WIND OPERATING COMPANY AS. Revenue 1 704 NOK → 8.43m NOK (+494853.1%). Net result -57.07m NOK → -261.69m NOK. Equity 1.13bn NOK → 14.84bn NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKER OFFSHORE WIND OPERATING COMPANY AS.

Scorecard

Revenue
1 704 NOK 8.43m NOK
+494853.1%
Operating result
-57.5k NOK -259.20m NOK
-450317.1%
Net result
-57.07m NOK -261.69m NOK
-358.5%
Equity
1.13bn NOK 14.84bn NOK
+1216.0%
Cash
434 NOK 140.55m NOK
+32384923.0%
Total assets
1.15bn NOK 900.11m NOK
-21.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 704 NOK to 8.43m NOK (+494853.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.13bn NOK → 14.84bn NOK (equity ratio 97.9% → 1648.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 434 NOK → 140.55m NOK (+32384923.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1 127 NOK → 1.15bn NOK (+1.15bn NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -57.5k NOK → -259.20m NOK (op. margin -3377.1% → -3073.2%). Calculated

  • ↓

    Net result weakened

    Net result -57.07m NOK → -261.69m NOK (net margin -3349178.4% → -3102.8%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 647.9k NOK → 708.7k NOK. Reported fact