Org.nr 924 898 313 2020 → 2021 Year-over-year analysis

AKER ONSHORE WIND AS: årsregnskap 2021 vs 2020

Shrank 51% on revenue, weaker earnings, fresh owner capital

approved 2022-05-31; registry 2022-06-25; journal 2022 507073

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AKER ONSHORE WIND AS. Revenue 1 179 NOK → 581 NOK (-50.7%). Net result -19.20m NOK → -122.22m NOK. Equity 103.13m NOK → -23.31m NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKER ONSHORE WIND AS.

Scorecard

Revenue
1 179 NOK 581 NOK
-50.7%
Operating result
-19.3k NOK +2.42m NOK
+12639.7%
Net result
-19.20m NOK -122.22m NOK
-536.6%
Equity
103.13m NOK -23.31m NOK
-122.6%
Cash
7 242 NOK 166.7k NOK
+2202.0%
Total assets
122.80m NOK 4.53m NOK
-96.3%

What improved

  • ↑

    Operating result improved

    Operating result -19.3k NOK → +2.42m NOK (op. margin -1637.2% → 416594.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 7 242 NOK → 166.7k NOK (+2202.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 103.1k NOK → 97.95m NOK (+97.85m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1 179 NOK to 581 NOK (-50.7% YoY). Calculated

  • ↓

    Net result weakened

    Net result -19.20m NOK → -122.22m NOK (net margin -1628351.0% → -21036229.1%). Calculated

  • ↓

    Equity eroded

    Book equity 103.13m NOK → -23.31m NOK (equity ratio 84.0% → -514.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -514.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation