Org.nr 921 021 593 2020 → 2021 Year-over-year analysis

AKERSHUS MASKINSENTER AS: årsregnskap 2021 vs 2020

Grew 831% on revenue, weaker earnings

registry 2022-06-25; journal 2022 513875

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AKERSHUS MASKINSENTER AS. Revenue 200.3k NOK → 1.86m NOK (+831.1%). Net result +286.3k NOK → +138.5k NOK. Equity 451.6k NOK → 590.0k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AKERSHUS MASKINSENTER AS.

Scorecard

Revenue
200.3k NOK 1.86m NOK
+831.1%
Operating result
+449.5k NOK +242.8k NOK
-46.0%
Net result
+286.3k NOK +138.5k NOK
-51.6%
Equity
451.6k NOK 590.0k NOK
+30.7%
Cash
117.9k NOK 108.1k NOK
-8.3%
Total assets
441.6k NOK 3.26m NOK
+637.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 200.3k NOK to 1.86m NOK (+831.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 451.6k NOK → 590.0k NOK (equity ratio 102.3% → 18.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +449.5k NOK → +242.8k NOK (op. margin 224.4% → 13.0%). Calculated

  • ↓

    Net result weakened

    Net result +286.3k NOK → +138.5k NOK (net margin 143.0% → 7.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 117.9k NOK → 108.1k NOK (-8.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.39× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 167.8k NOK → 471.5k NOK (+180.9% YoY). Calculated