Org.nr 926 076 485 2020 → 2021 Year-over-year analysis

AKERSGATEN 30 AS: årsregnskap 2021 vs 2020

Shrank 13% on revenue, stronger earnings, cash halved-plus

approved 2022-06-30; registry 2022-08-11; journal 2022 844643

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AKERSGATEN 30 AS. Revenue 10.04m NOK → 8.74m NOK (-12.9%). Net result +6.98m NOK → +13.72m NOK. Equity 30.99m NOK → 39.72m NOK.

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

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AKERSGATEN 30 AS.

Scorecard

Revenue
10.04m NOK 8.74m NOK
-12.9%
Operating result
+7.59m NOK +6.15m NOK
-19.0%
Net result
+6.98m NOK +13.72m NOK
+96.7%
Equity
30.99m NOK 39.72m NOK
+28.2%
Cash
3.50m NOK 904.4k NOK
-74.2%
Total assets
83.39m NOK 95.14m NOK
+14.1%

What improved

  • ↑

    Net result improved

    Net result +6.98m NOK → +13.72m NOK (net margin 69.5% → 157.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 30.99m NOK → 39.72m NOK (equity ratio 37.2% → 41.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.04m NOK to 8.74m NOK (-12.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +7.59m NOK → +6.15m NOK (op. margin 75.7% → 70.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.50m NOK → 904.4k NOK (-74.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 247.1k NOK → 253.1k NOK (2% → 3% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (3.50m NOK → 904.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 6.73m NOK → 5.31m NOK. Reported fact