1 TIME AS: årsregnskap 2021 vs 2020
Weaker earnings, cash halved-plus
approved 2022-03-15; registry 2022-03-28; journal 2022 163635
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 1 TIME AS. Net result +2.86m NOK → +1.82m NOK. Equity 49.77m NOK → 50.19m NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 1 TIME AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -114.7k NOK → -95.0k NOK. Calculated
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↑
Equity strengthened
Book equity 49.77m NOK → 50.19m NOK (equity ratio 96.0% → 99.4%). Calculated
What deteriorated
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↓
Net result weakened
Net result +2.86m NOK → +1.82m NOK. Calculated
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↓
Cash fell
Bank deposits 1.56m NOK → 135.4k NOK (-91.3% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.56m NOK → 135.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 32.00m NOK → 34.47m NOK. Reported fact