Org.nr 922 353 530 2020 → 2021 Year-over-year analysis

AKERSHUS ENERGI VIND AS: årsregnskap 2021 vs 2020

Grew 145775% on revenue, weaker earnings, cash halved-plus

approved 2022-05-25; registry 2022-07-05; journal 2022 561712

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AKERSHUS ENERGI VIND AS. Revenue 5 315 NOK → 7.75m NOK (+145774.8%). Net result +16.36m NOK → +623.6k NOK. Equity 34.23m NOK → 34.85m NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AKERSHUS ENERGI VIND AS.

Scorecard

Revenue
5 315 NOK 7.75m NOK
+145774.8%
Operating result
-4.41m NOK +956.8k NOK
+121.7%
Net result
+16.36m NOK +623.6k NOK
-96.2%
Equity
34.23m NOK 34.85m NOK
+1.8%
Cash
200.1k NOK 320 NOK
-99.8%
Total assets
298.95m NOK 434.39m NOK
+45.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5 315 NOK to 7.75m NOK (+145774.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -4.41m NOK → +956.8k NOK (op. margin -83025.6% → 12.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 34.23m NOK → 34.85m NOK (equity ratio 11.5% → 8.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 579.5k NOK → 480.3k NOK (10903% → 6% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +16.36m NOK → +623.6k NOK (net margin 307856.1% → 8.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 200.1k NOK → 320 NOK (-99.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 297 NOK → 433.17m NOK. Reported fact