FirmaIQ
Org.nr 920 753 752 2020 → 2021 Year-over-year analysis

AKER PROPERTY GROUP AS: årsregnskap 2021 vs 2020

Shrank 90% on revenue, slipped into loss, fresh owner capital

approved 2022-04-26; registry 2022-07-21; journal 2022 685298

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AKER PROPERTY GROUP AS. Revenue 110.06m NOK → 10.74m NOK (-90.2%). Net result +214.50m NOK → -138.20m NOK. Equity 17.59bn NOK → 16.63bn NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKER PROPERTY GROUP AS.

At a glance

Scorecard

Revenue
110.06m NOK 10.74m NOK
-90.2%
Operating result
+16.01m NOK -21.59m NOK
-234.8%
Net result
+214.50m NOK -138.20m NOK
-164.4%
Equity
17.59bn NOK 16.63bn NOK
-5.5%
Cash
51.18m NOK 39.95m NOK
-21.9%
Total assets
855.01m NOK 1.06bn NOK
+24.5%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 395.74m NOK → 571.22m NOK (+175.49m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 110.06m NOK to 10.74m NOK (-90.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +16.01m NOK → -21.59m NOK (op. margin 14.6% → -201.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 214.50m NOK profit to a loss of 138.20m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 17.59bn NOK → 16.63bn NOK (equity ratio 2057.6% → 1562.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 51.18m NOK → 39.95m NOK (-21.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 5.70m NOK → 4.73m NOK (-17.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 739.34m NOK → 980.28m NOK. Reported fact