AKERSHUS ENERGI VANNKRAFT AS: årsregnskap 2021 vs 2020
Grew 260% on revenue, stronger earnings
approved 2022-05-25; registry 2022-07-05; journal 2022 561684
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AKERSHUS ENERGI VANNKRAFT AS. Revenue 483.26m NOK → 1.74bn NOK (+260.0%). Net result +112.24m NOK → +161.70m NOK. Equity 2.34bn NOK → 2.41bn NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKERSHUS ENERGI VANNKRAFT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 483.26m NOK to 1.74bn NOK (+260.0% YoY). Calculated
-
↑
Net result improved
Net result +112.24m NOK → +161.70m NOK (net margin 23.2% → 9.3%). Calculated
-
↑
Equity strengthened
Book equity 2.34bn NOK → 2.41bn NOK (equity ratio 88.4% → 56.7%). Calculated
-
↑
Cash rose
Bank deposits 10.57m NOK → 64.11m NOK (+506.3% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +179.94m NOK → -272.21m NOK (op. margin 37.2% → -15.6%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 11.20m NOK → 11.53m NOK (2% → 1% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 277.42m NOK → 1.99bn NOK (+616.5% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 2.27bn NOK → 2.28bn NOK. Reported fact