Org.nr 921 093 128 2020 → 2021 Year-over-year analysis

AKSO HOLDING AS: årsregnskap 2021 vs 2020

Slipped into loss, cash halved-plus

approved 2022-07-05; registry 2022-07-07; journal 2022 651458

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AKSO HOLDING AS. Net result +50.8k NOK → -52.7k NOK. Equity 151.3k NOK → 10 NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

Scorecard

Operating result
-3 524 NOK -3 555 NOK
-0.9%
Net result
+50.8k NOK -52.7k NOK
-203.6%
Equity
151.3k NOK 10 NOK
-100.0%
Cash
18.8k NOK 4 137 NOK
-78.0%
Total assets
561.0k NOK 800.8k NOK
+42.7%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -3 524 NOK → -3 555 NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 50.8k NOK profit to a loss of 52.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 151.3k NOK → 10 NOK (equity ratio 27.0% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 18.8k NOK → 4 137 NOK (-78.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 375.1k NOK → 689.6k NOK. Reported fact