Org.nr 921 896 328 2020 → 2021 Year-over-year analysis

AXACTOR ASA: årsregnskap 2021 vs 2020

Grew 136955% on revenue, weaker earnings, fresh owner capital

approved 2022-04-21; registry 2022-08-18; journal 2022 884743

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AXACTOR ASA. Revenue 7.67m NOK → 10.52bn NOK (+136955.4%). Net result -27.23m NOK → -16.40bn NOK. Equity 11.29m NOK → 359.90m NOK.

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

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AXACTOR ASA.

Scorecard

Revenue
7.67m NOK 10.52bn NOK
+136955.4%
Operating result
-4.61m NOK -3.80bn NOK
-82351.2%
Net result
-27.23m NOK -16.40bn NOK
-60142.4%
Equity
11.29m NOK 359.90m NOK
+3088.0%
Cash
10.99m NOK 4.58bn NOK
+41609.1%
Total assets
513.1k NOK 876.03m NOK
+170624.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.67m NOK to 10.52bn NOK (+136955.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 11.29m NOK → 359.90m NOK (equity ratio 2200.1% → 41.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.99m NOK → 4.58bn NOK (+41609.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.22× → 1.78×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 97.04m NOK → 376.54m NOK (+279.50m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -4.61m NOK → -3.80bn NOK (op. margin -60.1% → -36.1%). Calculated

  • ↓

    Net result weakened

    Net result -27.23m NOK → -16.40bn NOK (net margin -354.8% → -155.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.29m NOK → 4.92bn NOK (56% → 47% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 450.8k NOK → 822.59m NOK. Reported fact