AKVA GROUP ASA: årsregnskap 2021 vs 2020
Grew 98952% on revenue, slipped into loss
approved 2022-05-12; registry 2022-06-20; journal 2022 431231
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AKVA GROUP ASA. Revenue 1.14m NOK → 1.13bn NOK (+98952.3%). Net result +197.87m NOK → -93.88m NOK. Equity 1.03m NOK → 1.22bn NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; fell into a net loss; current ratio dropped below 1×.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AKVA GROUP ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.14m NOK to 1.13bn NOK (+98952.3% YoY). Calculated
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↑
Equity strengthened
Book equity 1.03m NOK → 1.22bn NOK (equity ratio 0.0% → 46.7%). Calculated
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↑
Cash rose
Bank deposits 58.22m NOK → 184.03m NOK (+216.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -21.68m NOK → -127.36m NOK (op. margin -1901.5% → -11.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 197.87m NOK profit to a loss of 93.88m NOK. Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.10× → 0.87× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 4.16m NOK → 4.19m NOK (365% → 0% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 46.97m NOK → 1.64bn NOK. Reported fact