FirmaIQ
Org.nr 992 670 630 2020 → 2021 Year-over-year analysis

AKERSGATEN 1-5 AS: årsregnskap 2021 vs 2020

Shrank 7% on revenue, slipped into loss

registry 2022-02-19; journal 2022 118073

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AKERSGATEN 1-5 AS. Revenue 10.90m NOK → 10.08m NOK (-7.5%). Net result +811.2k NOK → -8.55m NOK. Equity 1.92m NOK → 369.5k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AKERSGATEN 1-5 AS.

At a glance

Scorecard

Revenue
10.90m NOK 10.08m NOK
-7.5%
Operating result
+5.15m NOK +3.58m NOK
-30.6%
Net result
+811.2k NOK -8.55m NOK
-1154.1%
Equity
1.92m NOK 369.5k NOK
-80.8%
Cash
2.15m NOK 2.99m NOK
+39.1%
Total assets
108.07m NOK 115.09m NOK
+6.5%

What improved

  • ↑

    Cash rose

    Bank deposits 2.15m NOK → 2.99m NOK (+39.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.90m NOK to 10.08m NOK (-7.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5.15m NOK → +3.58m NOK (op. margin 47.3% → 35.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 811.2k NOK profit to a loss of 8.55m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.92m NOK → 369.5k NOK (equity ratio 1.8% → 0.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 1.93m NOK → 1.73m NOK (-10.1% YoY). Calculated